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Price Change$649,900

15 Dale Avenue

, Cambridge

$634,900

Detached|Bungalow
2 | 1 | 5
About this home

WEST GALT BUNGALOW WITH INCOME POTENTIAL & A BACKYARD YOU'LL NEVER WANT TO LEAVE! Opportunities like this don't come along often. Located on a quiet street in one of West Galt's most established neighbourhoods, this solid bungalow offers something today's buyers are searching for-lifestyle now, potential for tomorrow. The separate side entrance and spacious lower level create an excellent opportunity for a future 2-bedroom in-law suite or mortgage helper making this an ideal choice for first-time buyers, investors or multi-generational families. Step outside and discover your own private backyard escape. Surrounded by mature trees, you'll enjoy a deck off the dining room, plus a concrete patio, outdoor bar, hot tub, tranquil pond, gardens and multiple spaces to relax or entertain. It's the kind of backyard that's becoming harder and harder to find. Inside, you'll appreciate the renovated kitchen and bathroom along with the peace of mind that comes from extensive updates including furnace, central air, roof, windows, plumbing, electrical, soffit, fascia and eaves. Whether you're looking for a home to move into today, a property with future income potential, or a bungalow in one of Cambridge's most sought-after neighbourhoods, this is one you'll want to see in person. The possibilities here are far greater than first impressions can capture.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,536
Lot Size65 ft x 130 ft
mls© NumberX13607176
Listed ByRE/MAX REAL ESTATE CENTRE 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%
$3,250
Property tax
$378
Heat allowance
$150
Housing costs
$3,778 / mo

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

Down payment20% · $126,980
25-yr amortization

Income needed

$116,000

gross annual household income

Payment at 4%
$2,672 / mo
Cash down
$126,980

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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