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Rural Caledon, Caledon
$480,000
Nestled in the heart of Ferndale Park-a unique 34-acre cooperative with shared ownership, access to shared parks, trails and riverfront along the Credit River, and exclusive use of your own yard This property is perfectly located in the picturesque village of Cheltenham and features low cost for the year of $1,497.95 which includes your property tax (annual total $397.95 property tax & annual total $1,100 maintenance fees). This delightful home sits on the east side of the river, perfectly positioned to overlook the lush riverside park. Step inside to the perfect mudroom with plenty of room for your shoes and coats. Another door leads to open concept living with a natural gas fireplace at the heart of it all. The kitchen overlooks the dining and living area and has a walkout to the backyard perfect for barbecuing and enjoying outdoor meals. The attached garage has plenty of space for your toys and/or workshop. It doesn't get any better than this. Low-cost cottage-like living is just a short 10-minute drive to Brampton and Georgetown, 20 minutes to Orangeville, 30 minutes to Pearson International and 50 minutes to downtown Toronto making for an easy commute Metal Roof 2019, New Fuse Panel 2013 , Loft is accessed by ladder Financing thru Duca Credit Union - 30% down needed.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | < 700 sq. ft. |
| Property Tax | $398 |
| Lot Size | 0 ft x 0 ft |
| mls© Number | W13126006 |
| Listed By | ROYAL LEPAGE RCR REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,457
- Property tax
- $33
- Heat allowance
- $150
- Housing costs
- $2,640 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$81,000
gross annual household income
- Payment at 4%
- $2,020 / mo
- Cash down
- $96,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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