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Price Change$999,000

43 Mullholland Avenue

, Cambridge

$950,000

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

RARE OPPORTUNITY IN THE BEST LOCATION IN CAMBRIDGE! Stunning 2017-built 4-BEDROOM home offering approx. 2,500 sq ft above grade PLUS a 900 sq ft finished 2-BEDROOM LEGAL BASEMENT - approx.3,400 sq ft of total living space. Where else do you get 9 FT CEILINGS at this price? Spacious, sun-filled open concept layout with a separate living area on the main floor, tucked away on a quiet street just minutes to Highway 401. Fully upgraded and move-in ready: freshly painted in neutral tones, California shutters throughout, stainless steel appliances, gas hook-up in the kitchen, and a front-load coloured washer & dryer conveniently located on the main floor. Thoughtfully designed with an EXTRA washroom on the 2nd floor plus a Jack & Jill bath - 5WASHROOMS in total! The finished 2-bedroom LEGAL BASEMENT features a SEPARATE ENTRANCE and it sown SEPARATE LAUNDRY, and is currently RENTED - excellent income to help support your mortgage. Ideal for investors, multi-generational families or first-time buyers seeking rental income. Schools just minutes away, Costco, shopping and all amenities close by. Turn-key, income-producing and beautifully finished - this one has it all!

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age6-15
Size2000-2500 sq. ft.
Property Tax$6,650
Lot Size35.01 ft x 98.43 ft
mls© NumberX13578650
Listed ByRE/MAX PRESIDENT REALTY

Listing History

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  • 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%
$4,863
Property tax
$554
Heat allowance
$150
Housing costs
$5,567 / mo

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

Down payment20% · $190,000
25-yr amortization

Income needed

$171,000

gross annual household income

Payment at 4%
$3,998 / mo
Cash down
$190,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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