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Listed 2 months ago

5 - 23 MICHIGAN Avenue

438 - Port Dalhousie, St. Catharines

$699,000

Detached|2-Storey
3 | 3 | 2 | 0
About this home

Welcome to Port Dalhousie! This exquisite home development perched above the marina includes stunning views of Lake Ontario and the Toronto skyline. Consider a build with rooftop patio and views that can truly take your breath away. This is the best setting where you can locate restaurants, marinas, the pier and of course the beach; just about everything to see and do. The lot is serviced and ready to start building!! It is truly one of the best places in the region to find incredible lifestyle elements within walking distance from your front door. Don't miss your chance to take your lifestyle to the next level and build your custom dream home! This is serviced land listing only.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNew
Size3500-5000 sq. ft.
Property Tax---
mls© NumberX13541092
Listed ByREVEL 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 estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,578
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$3,728 / mo

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

Down payment20% · $139,800
25-yr amortization

Income needed

$115,000

gross annual household income

Payment at 4%
$2,942 / mo
Cash down
$139,800

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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