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Listed 2 months ago

20 Augusta Avenue

445 - Facer, St. Catharines

$699,900

Detached|Sidesplit
3 | 3 | 2
About this home

ATTENTION INVESTORS!!! INCOME PROPERTY GENERATING $3,400 /MONTH PLUS BILLS!!! VERY SPACIOUS OPEN CONCEPT 3 BED 2 BATH UPPER LEVEL ($1,850/MONTH PLUS BILLS)! 2 BED 1 BATH LOWER LEVEL WITH SEPARATE ENTRANCE ($1,550/MONTH PLUS BILLS)! BOTH LEVELS CURRENTLY RENTED TO VERY NICE TENANTS WHO WOULD LIKE TO STAY OR LEAVE WITH 2 MONTHS NOTICE! YOU CAN ALSO LIVE ON ONE LEVEL AND RENT THE OTHER LEVEL OR KEEP THE WHOLE HOUSE FOR YOURSELF! ENDLESS POSSIBILITIES! SOLID BUILDING ALL BRICK OUTSIDE, CARPET FREE INSIDE! NEW ELECTRIC PANEL 2021, ALL NEW ROOF 2023, NEW FURNACE 2024! GOOD SIZE GARAGE WITH INSIDE ENTRY! DON'T MISS THIS OPPORTUNITY!

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleSidesplit
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$4,200
Lot Size40 ft x 86 ft
mls© NumberX13488566
Listed ByRIGHT AT HOME REALTY, 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%
$3,582
Property tax
$350
Heat allowance
$150
Housing costs
$4,082 / mo

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

Down payment20% · $139,980
25-yr amortization

Income needed

$126,000

gross annual household income

Payment at 4%
$2,945 / mo
Cash down
$139,980

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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