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Listed 1 month ago

996 Metcalfe Street

Central, North Bay

$385,000

Detached|Bungalow-Raised
4 | 2 | 4
About this home

Looking for a home with incredible potential? If you're not afraid of a little hard work and want to build instant sweat equity, this could be the opportunity you've been waiting for. This 3+1 bedroom, 2 full bathroom home is ready for someone with vision to bring it back to life and make it their own. While the home does require updating and repairs, it offers a solid starting point with features that are hard to find, including an accessibility ramp, elevator, a large fully fenced backyard, and updated windows and shingles completed within the last 15 years. Whether you're a first-time buyer, investor, or handy homeowner looking for your next project, this property offers outstanding potential to add value and create a home tailored to your style.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,872
Lot Size40 ft x 125 ft
mls© NumberX13587366
Listed ByCentury 21 Blue Sky Region 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%
$1,971
Property tax
$323
Heat allowance
$150
Housing costs
$2,443 / mo

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

Down payment20% · $77,000
25-yr amortization

Income needed

$75,000

gross annual household income

Payment at 4%
$1,620 / mo
Cash down
$77,000

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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