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Listed 10 months ago

401 Mississaga Street W

Orillia, Orillia

$609,000

Detached|Bungalow-Raised
3 | 2 | 5
About this home

Close-to-everything location on Mississaga St. W. backing onto Grenville Park....easy Hwy and Westridge access, walk to Homewood park and on a bus route to downtown. This 3+2 bedroom, 2 full bath home is really sweet, has in-law potential on the lower level with a walk-up to the spacious 55' x 204' yard. Plenty of parking, front porch, back deck & outside storage shed. Improvements over the last year; dishwasher, microwave/hood, fence, electric fireplace. Second laundry hook-up on the main level. Book your showing today!

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow-Raised
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,311
Lot Size55 ft x 208 ft
mls© NumberS12482887
Listed ByRoyal LePage Quest

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%
$3,117
Property tax
$276
Heat allowance
$150
Housing costs
$3,543 / mo

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

Down payment20% · $121,800
25-yr amortization

Income needed

$109,000

gross annual household income

Payment at 4%
$2,563 / mo
Cash down
$121,800

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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