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New6 days ago

12 Vincent Street

Bristol-London, Newmarket

$861,500

Detached|2 1/2 Storey
2 | 2 | 10
About this home

A rare opportunity to combine lifestyle, business and investment potential in a highly sought after Newmarket location. This home offers a flexible combination of residential and office space (zoned MU-1 as per GeoWarehouse). The property provides comfortable living accommodations while allowing for a variety of business or professional uses. The adaptable layout offers the flexibility to live and work from the property, operate a business, or lease for potential rental income. Situated on a generous lot with ample parking this property offers exceptional convenience for residents, clients, customers, or tenants. With excellent visibility and easy access to major roads, public transit, and downtown Newmarket amenities, the location is ideal for professionals, entrepreneurs, small business owners, or investors.

Extras

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  • Sun, Aug 23

    2:00 PM – 4:00 PM

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Got questions?

Contact Angela directly.

agent
Angela Montano
(647) 283-2643
TypeDetached
Style2 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,367
Lot Size76.78 ft x 66.09 ft
mls© NumberN13674000
Listed ByMAIN STREET REALTY LTD.

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%
$4,410
Property tax
$447
Heat allowance
$150
Housing costs
$5,007 / mo

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

Down payment20% · $172,300
25-yr amortization

Income needed

$154,000

gross annual household income

Payment at 4%
$3,625 / mo
Cash down
$172,300

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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