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Listed 2 months ago

42 Eglee Avenue

Birchaven, North Bay

$690,000

Detached|2-Storey
4 | 3 | 6
About this home

Visit REALTOR website for additional information. Welcome to 42 Eglee Ave, a spacious and versatile North Bay home offering 4 bedrooms plus 2 additional basement bedrooms, 3 bathrooms, and more than 3,000 square feet of total living space. With approximately 2,000-2,500 square feet of above-ground living space, plus an expansive finished basement, this is a home designed for families who need space, flexibility and options. This home can adapt to your family. Whether you're an established North Bay family looking for more room, a growing family ready to move up, or your considering multigenerational living, this home offers possibilities that are hard to find in one property. The main living areas provide plenty of room for everyday family life, while the lower level adds valuable additional living space, bedrooms and flexibility. Need another bedroom? A home office? A games room? A teenagers retreat? A private space for family members or guests? Theres room to make it your own. The basement also features a working sauna, giving you a unique space to relax and unwind without ever leaving home. And if six bedrooms aren't what you need, that extra space can easily become something else-a home office, gym, hobby room, media room, playroom or private retreat. That's the advantage of a home like this: you decide how the space works for you.Thinking About Buying? There May Be Another Option.The sellers understand that purchasing a larger home can require some creativity. They are open to discussing a vendor take-back mortgage arrangement for a qualified buyer, subject to terms that protect both parties. This could potentially provide another path to ownership for the right purchaser who loves the home but needs some flexibility with financing.

Extras

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Open houses

  • Sat, Aug 29

    10:00 AM – 1:00 PM

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Got questions?

Contact Angela directly.

agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age31-50
Size2000-2500 sq. ft.
Property Tax$5,887
Lot Size59.06 ft x 101.71 ft
mls© NumberX13545374
Listed ByPG DIRECT REALTY LTD.

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%
$3,532
Property tax
$491
Heat allowance
$150
Housing costs
$4,172 / mo

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

Down payment20% · $138,000
25-yr amortization

Income needed

$128,000

gross annual household income

Payment at 4%
$2,904 / mo
Cash down
$138,000

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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Comparable sales

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