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1035 - OM Old Milton, Milton
$819,900
Rare opportunity, two residences (approximately 1600 square feet each) on one property in a highly desired location close to downtown. Three bedroom, 1 1/2 bath home with main floor family room. large kitchen and large dining room. Seperate residence (also approximately 1600 square feet) at the back of the property above the double garage offers good size kitchen, huge living room, two bedrooms and a 4 piece bath. Both residences has forced gas furnaces. This property is being sold "AS IS" with no representations or warranties. Approximate ages for the following: house furnace (2006), house kitchen and porch shingles (2013), main part of house shingles (2018), residence over the garage furnace (2014) and shingles (2019). This property appears on the Milton Heritage List but is not Registered Heritage Property.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $3,746 |
| Lot Size | 39.5 ft x 118.59 ft |
| mls© Number | W13635598 |
| Listed By | RE/MAX REAL ESTATE CENTRE INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,197
- Property tax
- $312
- Heat allowance
- $150
- Housing costs
- $4,659 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$143,000
gross annual household income
- Payment at 4%
- $3,450 / mo
- Cash down
- $163,980
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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