About this home
Opportunity awaits! Freestanding building with over 2800 sqft of space, within walking distance to Downtown West Galt, the Gaslight District, Grand River, Parks, Walking Trails, Grocery Store and Shopping. Features single car garage. Provides for a Commercial Use in a Residential Zone.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $650 |
| Lot Size | 24.04 ft x 75.13 ft |
| mls© Number | X13142028 |
| Listed By | ROYAL LEPAGE SIGNATURE REALTY |
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%
- $3,066
- Property tax
- $54
- Heat allowance
- $150
- Housing costs
- $3,270 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $119,800
25-yr amortization
Income needed
$101,000
gross annual household income
- Payment at 4%
- $2,521 / mo
- Cash down
- $119,800
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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