5678 Upper Big Chute Road
Rural Severn, Severn
$249,000
Welcome to 5678 Big Chute road! Located directly across from Severn Falls Marina, you can catch breathtaking views of the Trent Severn Waterway from your balcony or walk to the water, restaurant and marina in just a few steps. This is the perfect handyman's project. Enjoy the best of cottage country with your own piece of Severn Falls!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $756 |
| Lot Size | 118 ft x 40 ft |
| mls© Number | S12775290 |
| Listed By | SUTTON GROUP INCENTIVE REALTY INC. |
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%
- $1,274
- Property tax
- $63
- Heat allowance
- $150
- Housing costs
- $1,487 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$46,000
gross annual household income
- Payment at 4%
- $1,048 / mo
- Cash down
- $49,800
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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