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Listed 1 month ago

10 - 51 Sparrow Avenue

, Cambridge

$599,000

Freehold Townhouse|3-Storey
4 | 3 | 2 | 0
About this home

Great Location! One of the largest units with Backyard. Built in 2022 by Cable View Homes, located int he desirable Branchton Park neighbourhood in Cambridge. 4 bedrooms, 3 washrooms, 1675 Square Feet. Attached garage. Main Floor features an OpenConcept layout creating a bright and airy atmosphere. Easy access to a large balcony. The home features Laminate Flooring, Ceramic Tiles. POTL FEE $99.00 per month. Great for First Time Buyers or a Young Family.

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agent
Angela Montano
(647) 283-2643
TypeAtt/Row/Townhouse
Style3-Storey
Approx. Age0-5
Size1500-2000 sq. ft.
Property Tax$4,300
mls© NumberX13580778
Listed ByToronto Real Estate Realty Plus Inc

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%
$3,066
Property tax
$358
Heat allowance
$150
Housing costs
$3,574 / mo

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

Down payment20% · $119,800
25-yr amortization

Income needed

$110,000

gross annual household income

Payment at 4%
$2,521 / mo
Cash down
$119,800

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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