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Listed 3 months ago

731 Elgin Street N

, Cambridge

$719,900

Detached|2-Storey
3 | 2 | 4
About this home

STUNNING! Lovely Detached home, the Best of North Galt. FULLY RENOVATED a few years back, it offers a very welcoming and ambient living space in the highly sought-after neighborhood. Featuring 3 bedrooms, 2 bathrooms, and a Fully finished basement, It's been upgraded from top to bottom. The Upgraded kitchen includes white Quartz countertops, a stylish backsplash, and Stainless steel appliances, leading to a seamless Open-concept living area. While it's Large windows and Newer doors bring in plenty of natural light. The double French-doors open to an inviting Deck, ideal for your evening Wine & Dine parties while the spacious Backyard backs onto a school for added privacy. Conveniently located close to all amenities, shopping, and banking with Transit at your doorstep! A Must-see!

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,972
Lot Size45.58 ft x 109.91 ft
mls© NumberX13137180
Listed ByHOMELIFE SILVERCITY 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
$331
Heat allowance
$150
Housing costs
$4,166 / mo

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

Down payment20% · $143,980
25-yr amortization

Income needed

$128,000

gross annual household income

Payment at 4%
$3,029 / mo
Cash down
$143,980

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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