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Listed 8 days ago

250 Kingfisher Avenue

Port McNicoll, Tay

$269,950

Detached|1 1/2 Storey
0 | 0 | 4
About this home

You've just arrived in Paradise Point! This Seasonal cottage sits on a 60' x 146' lot in the heart of this beloved community. Potential !!! Project to take over !!! An ideal property for 1st time cottage Buyers or Investors/Contractors to build . Good opportunity to design and renovate as per liking !!! Here, Georgian Bay and four-season adventure surround you, making this a perfect year-round home or getaway. Located just steps from the water and surrounded by a quiet, established neighborhood, this home is in the community that offers the relaxed lifestyle Paradise Point is known for, all while being minutes to Midland, Highway 400, parks, and everyday amenities. Selling As Is!!! Water at the lot line !!

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$991
Lot Size60 ft x 146 ft
mls© NumberS13702308
Listed ByCENTURY 21 PEOPLE`S CHOICE 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%
$1,382
Property tax
$83
Heat allowance
$150
Housing costs
$1,614 / mo

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

Down payment20% · $53,990
25-yr amortization

Income needed

$50,000

gross annual household income

Payment at 4%
$1,136 / mo
Cash down
$53,990

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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