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New3 days ago

49 Michael Avenue

460 - Burleigh Hill, St. Catharines

$579,888

Detached|Bungalow-Raised
3 | 2 | 4
About this home

Step into style and comfort in this beautifully updated bungalow ! Bright, open and inviting, the main living space welcomes you with soft natural light, warm-toned flooring, modern finishes The thoughtfully designed lower level truly complements the home's overall appeal, offering additional living space that can adapt to your lifestyle. Whether you're relaxing in the living room, cooking dinner in the open kitchen or enjoying quiet evenings in the backyard, this home caters to both intimate family moments and lively gatherings with friends. Located in a peaceful neighbourhood near parks, schools, shopping and everyday conveniences - it's a place where comfort comes naturally. Don't Miss This Investment Opportunity, Duplex Detached Bungalow-One Unit Rents For $2000 Per Month All Inclusive, The Other Unit rents for $1850 Per Month. Close To Brock University, Shopping Malls, Schools And Highways.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,200
Lot Size40 ft x 110 ft
mls© NumberX13703406
Listed ByHOMELIFE SILVERCITY REALTY 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%
$2,968
Property tax
$350
Heat allowance
$150
Housing costs
$3,468 / mo

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

Down payment20% · $115,978
25-yr amortization

Income needed

$107,000

gross annual household income

Payment at 4%
$2,440 / mo
Cash down
$115,978

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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