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Listed 4 months ago

63 Linwell Road

443 - Lakeport, St. Catharines

$720,000

Detached|Bungalow-Raised
3 | 2 | 3
About this home

Welcome to this lovely raised bungalow in an excellent area of St. Catharines. Three bedrooms, two full bathrooms - The upstairs bathroom has a skylight and the other bathroom is located in the basement. Kitchen has a walkout to a deck with stairs descending to a fully fenced in backyard. The dining room also has a skylight and leads into spacious living room. The one car garage can be accessed from house and two additional parking in the driveway. The fully finished basement has a fireplace, wet bar and separate laundry room. New washer 2025, skylight updated 2017, outside shutters 2017, rented hater heater $35plus tax per month. This house is move in ready, and is ideal for families and investors looking for comfort and space.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow-Raised
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$5,012
Lot Size40.84 ft x 100 ft
mls© NumberX13027002
Listed ByRE/MAX ESCARPMENT GOLFI REALTY INC.

Listing History

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

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$3,685
Property tax
$418
Heat allowance
$150
Housing costs
$4,253 / mo

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

Down payment20% · $144,000
25-yr amortization

Income needed

$131,000

gross annual household income

Payment at 4%
$3,030 / mo
Cash down
$144,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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