5471 8th Line
Rural Essa, Essa
$879,000
Country Living close to dining, schools and shopping amenities in Alliston, & Cookstown with great access to Highway 400 and Hwy 27. 3 bedroom 4 level Sidesplit home with attached 2 car garage. Private, quiet setting with walkout to child friendly treed fenced yard. Napoleon propane woodstove in family room provides efficient heating. Plenty of parking for guests and other vehicles. Roof re-shingled (2022), 200 amp hydro service, 18 x 12 ft and 8 x 14 decks, 16 x 12 ft storage shed/playhouse with hydro, 10 x 8 ft Garden shed.
No extras listed.
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| Type | Detached |
| Style | Sidesplit 4 |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $2,923 |
| Lot Size | 125 ft x 150 ft |
| mls© Number | N13647434 |
| Listed By | COLDWELL BANKER THE REAL ESTATE CENTRE |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,499
- Property tax
- $244
- Heat allowance
- $150
- Housing costs
- $4,893 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$151,000
gross annual household income
- Payment at 4%
- $3,699 / mo
- Cash down
- $175,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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