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Listed 3 months ago

14 Marshall Park Drive

Ferris, North Bay

$490,000

Detached|Backsplit 3
3 | 1 | 3
About this home

Welcome to this delightful 3-bedroom back split home nestled in the family-friendly neighbourhood of Ferris. From the moment you arrive, the inviting front porch lined with the vibrant flower beds sets the tone for this cozy retreat. Step inside to discover a bright living room and formal dining area, both brimming with natural light. The updated kitchen with modern appliances and convenient access through the door to the back yard for easy entertaining. The upper level offers three spacious bedrooms and an updated 5-piece washroom. The primary bedroom is a serene escape, featuring patio doors that lead to a private gazebo/sunroom and a luxurious 6-person hot tub perfect for unwinding any time of the day. The lower level has a family room complete with a gas fireplace. The large laundry/utility room is unfinished and can be used as a workshop. Additional storage is plentiful with a crawl space. Outdoors, the oversized deep backyard is perfect for gardening.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBacksplit 3
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,277
Lot Size49.9 ft x 245 ft
mls© NumberX13144572
Listed ByCentury 21 Blue Sky Region 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%
$2,508
Property tax
$273
Heat allowance
$150
Housing costs
$2,931 / mo

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

Down payment20% · $98,000
25-yr amortization

Income needed

$90,000

gross annual household income

Payment at 4%
$2,062 / mo
Cash down
$98,000

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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