Incredible opportunity to build on a 50ft frontage lot in prime Lakeview. Situated on a dead end street with the Lake at the end of the street and an abundance of established custom built homes this is your chance to build your dream home. The rear of the property backs onto the creek and offers an extremely peaceful setting with no rear neighbours. Enjoy evening strolls along Lakefront Promenade Park or through Adamson Estate. Easy access to shops, restaurants, Port Credit, public and private schools, GO train and the highway. This is a tremendous opportunity to build your dream home in a sought after lakeside community. Property being sold in "as is" condition.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $8,094 |
| Lot Size | 50.59 ft x 118.57 ft |
| mls© Number | W13209334 |
| Listed By | ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE |
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%
- $5,374
- Property tax
- $674
- Heat allowance
- $150
- Housing costs
- $6,199 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$191,000
gross annual household income
- Payment at 4%
- $4,419 / mo
- Cash down
- $210,000
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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