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New6 days ago

55 Shelswell Boulevard

Rural Oro-Medonte, Oro-Medonte

$775,000

Detached|Bungalow
3 | 3 | 9
About this home

Bungalow On A Generous Lot With A Walkout Basement & In-Law Potential! Set on a 100 x 160 ft lot, this brick bungalow offers nearly 2,600 sq. ft. of finished living space with a layout that can keep pace through multiple stages of life. The living room is centred by a floor-to-ceiling brick fireplace wall, while the dining area walks out to the large back deck overlooking the yard. The kitchen offers warm wood cabinetry, generous counter space, a peninsula and a pantry for extra storage. Three bedrooms complete the main level, including a primary bedroom with semi-ensuite access to the 4-piece main bath. The finished walkout basement is one of the home's biggest selling features, with a second kitchen, its own living area, an additional bedroom, a den and a full bathroom giving older children, extended family or guests more independence while remaining under the same roof. Significant investment has been made to the exterior, with a generous lawn, mature trees, landscaping, garden shed and backyard playhouse making good use of the lot. Updated windows, shingles, furnace and air conditioning take care of several major components. The attached heated garage/workshop has inside entry, 200-amp service and a 50-amp pony box, while the driveway can accommodate up to eight vehicles.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$3,329
Lot Size100 ft x 160 ft
mls© NumberS13691460
Listed ByRE/MAX HALLMARK PEGGY HILL GROUP 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%
$3,967
Property tax
$277
Heat allowance
$150
Housing costs
$4,394 / mo

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

Down payment20% · $155,000
25-yr amortization

Income needed

$135,000

gross annual household income

Payment at 4%
$3,261 / mo
Cash down
$155,000

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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