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Listed 4 months ago

61 Bradley Street

460 - Burleigh Hill, St. Catharines

$569,900

Detached|Bungalow
2 | 2 | 3
About this home

Location and view!! Two unit bungalow close to shopping, University, public transit and highway. Maintenance free bungalow across from Bruce Trail and Mountain lock park. Walking distance to grocery store and Pen Centre Shopping Mall. Great investment as upper unit (2 bedroom) and lower unit ( one bed) are rented- total rent $.42,581.00 yearly. See LB for expenses

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,780
Lot Size75 ft x 106 ft
mls© NumberX13109598
Listed ByBOLDT REALTY INC., BROKERAGE

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%
$2,917
Property tax
$315
Heat allowance
$150
Housing costs
$3,382 / mo

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

Down payment20% · $113,980
25-yr amortization

Income needed

$104,000

gross annual household income

Payment at 4%
$2,398 / mo
Cash down
$113,980

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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