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Listed 1 month ago

260 The Queensway Road S

Keswick South, Georgina

$599,000

Detached|1 1/2 Storey
3 | 2 | 5
About this home

Incredible Opportunity In Prime And Demanding Area Of South Keswick. Rare, Private Lot With 91 Frontage On The Queensway South. Live And Work From Home With Fantastic Exposure On Main Rd W/ Plenty Of Parking, property Is Fully Renovated 3 years ago , New roof, upgraded insulation, new furnace, New AC, New hot water tank, Vacant And Ready To Move-In, the property featuring a separate building presents an opportunity for a dual income stream or Live-Work setup, 260 The Queensway can be sold concurrently with the adjoining lot @ 262 the Queensway to have 172 feet frontage on the Queensway road.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,097
Lot Size91.17 ft x 102.33 ft
mls© NumberN13523594
Listed ByREMAX YOUR COMMUNITY REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,066
Property tax
$341
Heat allowance
$150
Housing costs
$3,557 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $119,800
25-yr amortization

Income needed

$109,000

gross annual household income

Payment at 4%
$2,521 / mo
Cash down
$119,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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