104 Kennedy Road
Cheltenham, Caledon
$1,978,500
Potential For 3 Separate Building Lots. One Of Cheltenham's Most Private Estates, 2 Acres, With An Amazing 200 Feet Frontage, Has The Enjoyment Of Over 10 Acres, Backing Onto Protected Nec. Land, And Siding Onto A Stunning Ravine With Gorgeous Babbling Brook, Complete "MAGIC". Original House, Completely Renovated, Family Room Has Multi Walkouts. Mud Room Has Heated Floors, 3pc Bath, Main Floor Laundry Room. Walk-Out To Covered Deck, Hottub (As Is). 3rd & 4th Level Has 3 Bedroom In Law Suite, (Ground Floor) Heated Floors, Laundry, Walkout To Covered Private Deck.
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| Type | Detached |
| Style | Sidesplit 4 |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $7,180 |
| Lot Size | 200 ft x 420 ft |
| mls© Number | W13452590 |
| Listed By | RE/MAX REAL ESTATE CENTRE INC. |
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%
- $10,127
- Property tax
- $598
- Heat allowance
- $150
- Housing costs
- $10,875 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$335,000
gross annual household income
- Payment at 4%
- $8,326 / mo
- Cash down
- $395,700
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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