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Listed 2 months ago

397 Freure Drive

, Cambridge

$1,079,555

Detached|2-Storey
3 | 3 | 6
About this home

Beautiful house, Open concept, fully brick, Upgraded home Located in Galt Cambridge with easy Access to HYW401. Backing on to Park,. Almost 2200 Sq Ft living space, features 3bed rooms plus Up stair family room, stained Oak stair case, Granite countertops in kitchen. Hard wood plus Up stair family room, stained Oak stair case, Granite countertops in kitchen. Hard wood.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age0-5
Size2000-2500 sq. ft.
Property Tax$6,578
Lot Size38 ft x 106 ft
mls© NumberX13469132
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%
$5,526
Property tax
$548
Heat allowance
$150
Housing costs
$6,224 / mo

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

Down payment20% · $215,911
25-yr amortization

Income needed

$192,000

gross annual household income

Payment at 4%
$4,543 / mo
Cash down
$215,911

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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