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Listed 27 days ago

2 Oak Avenue

Holland Landing, East Gwillimbury

$799,000

Detached|Bungalow
2 | 1 | 4
About this home

Attention to builders, investors or first-home buyers grants, this is an opportunity to build your dream house in the River Dr Park Community. This corner Lot/house comes with a 1/4 moon Driveway and a 3rd entrance to the entire back yard. This includes and very Mature Oak Tree estimated at 240yrs old with a Diameter of 15.5ft. This lot is close to the Holland River, the Marina and sits between two extension for the Bradford Bypass. This home uses City-water, en-bridge natural gas, and Hydro-One for power. Investors will see the potential in this property. Most of this property is valued by land value (43729201)

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age31-50
Size< 700 sq. ft.
Property Tax$2,938
Lot Size86 ft x 128 ft
mls© NumberN13626826
Listed ByANJIA REALTY

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$4,090
Property tax
$245
Heat allowance
$150
Housing costs
$4,484 / mo

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

Down payment20% · $159,800
25-yr amortization

Income needed

$138,000

gross annual household income

Payment at 4%
$3,362 / mo
Cash down
$159,800

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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