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Listed 1 month ago

8 Pamela Drive

558 - Confederation Heights, Thorold

$799,900

Detached|Sidesplit 4
4 | 2 | 7
About this home

Freshly renovated 4 level backsplit ready for family or multigenerational family set up - two brand new kitchens and 2 updated baths, 3 bedrms up with one down, family room down and separate entrance to lower levels. Hardwood floors up and on Lower level - Large fenced lot with concrete patio. Close to highway,schools shopping, transit and university. Great family area . Attached garage and double paved drive parking for6 cars

Extras

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleSidesplit 4
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,537
Lot Size65 ft x 135 ft
mls© NumberX13571730
Listed ByBOLDT 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%
$4,094
Property tax
$378
Heat allowance
$150
Housing costs
$4,622 / mo

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

Down payment20% · $159,980
25-yr amortization

Income needed

$142,000

gross annual household income

Payment at 4%
$3,366 / mo
Cash down
$159,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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