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Listed 20 days ago

7 King Street W

Alton, Caledon

$700,000

Detached|Bungalow
3 | 1 | 8
About this home

$700,000. ALTON VILLAGE, DOUBLE + LOT, 3 BEDROOM DETACHED HOME, AFFORDABLE TAXES! Fabulous opportunity to own an Alton detached starter or retirement, offering 3 bedroom, 1 bath perched on a lovely, mature double lot measuring 13.1.8 Front Feet x 145 Deep, located on the hilltop at King and Agnes. 2 blocks from ball park, public library, and desired Alton Public School. This home has a generous country sized kitchen 19.7 'x 11.84' waiting for your growing family. bright living room with 2 picture windows, 3 bedrooms, 1 4 pc bath, and main floor laundry room. The roof is approximately 8 years old, water heater 1 year - owned

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,997
Lot Size131.8 ft x 145 ft
mls© NumberW13571222
Listed ByiCloud Realty Ltd.

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%
$3,583
Property tax
$333
Heat allowance
$150
Housing costs
$4,066 / mo

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

Down payment20% · $140,000
25-yr amortization

Income needed

$125,000

gross annual household income

Payment at 4%
$2,946 / mo
Cash down
$140,000

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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