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New2 days ago

1323 Redbank Crescent

1003 - CP College Park, Oakville

$889,000

Semi-Detached |Backsplit 4
3 | 2 | 5
About this home

Spacious and extensively updated 3+3 bedroom, 2 bathroom, four-level backsplit semi-detached home nestled on a quiet crescent in Oakville's mature, family-friendly College Park community. This property offers a versatile layout with original builder installed separate side entrance-ideal for extended family. The bright main level features a bay window, crown moulding, open living and dining areas, and a functional kitchen with an updated backsplash and quartz countertop. Three bedrooms are located on the upper level, while the lower levels provide 3 additional above ground bedrooms, basement has recreation space, a second kitchen and separate laundry facilities. Major improvements include basement kitchen cabinetry, countertop; high-efficiency furnace, central AC, roof with upgraded attic and ventilation, crawl-space insulation and attic insulation (2019); lower-level flooring. Upper kitchen backsplash and Ensuite laundry centre (2021) for upstairs; retaining wall and driveway (2023). Conveniently located near schools, parks, trails, Sheridan College, Oakville Place, Oakville GO Station, public transit, Oakville Golf Club and major highways. The upstair is vacant, basement has tenant. The property is being sold with existing basement tenancy in place, which the purchaser will be required to assume. The seller and listing brokerage make no representation or warranty regarding the retrofit or legal status of the lower-level cooking area or its use as a separate dwelling unit.Latest home Inspection report available upon request.

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agent
Angela Montano
(647) 283-2643
TypeSemi-Detached
StyleBacksplit 4
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$3,936
Lot Size35 ft x 125 ft
mls© NumberW13681664
Listed ByFIRST CLASS REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,550
Property tax
$328
Heat allowance
$150
Housing costs
$5,028 / mo

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

Down payment20% · $177,800
25-yr amortization

Income needed

$155,000

gross annual household income

Payment at 4%
$3,741 / mo
Cash down
$177,800

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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