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Listed 28 days ago

712 Line 9 Street S

Rural Oro-Medonte, Oro-Medonte

$448,000

Detached|Bungalow
1 | 0 | 10
About this home

Opportunity knocks! This over 1 acre lot has so much potential. Located just steps from Lake Simcoe, with easy access to HWY 11 and plenty of privacy, the options are truly endless. This site could be a perfect place to build your dream home! Zoning permit attached!

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$2,670
Lot Size200 ft x 220 ft
mls© NumberS13612934
Listed ByPOWERLAND REALTY

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%
$2,293
Property tax
$223
Heat allowance
$150
Housing costs
$2,666 / mo

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

Down payment20% · $89,600
25-yr amortization

Income needed

$82,000

gross annual household income

Payment at 4%
$1,885 / mo
Cash down
$89,600

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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