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Featured
New11 hours ago

227 Parsons Avenue

Ferris, North Bay

$949,900

Detached|2-Storey
5 | 5 | 10
About this home

RARE OPPORTUNITY, QUIET IN TOWN WATERFRONT and walking distance to many amenities. Very spacious and bright westerly facing waterfront family home in ideal location offers nearly 2400 sqft of above grade living space plus a full finished basement with beautiful dry bar. Having 5 bedrooms, 5 bathrooms, loads of storage space, an oversized double garage and loads of parking, this may be the one you've been waiting for. Accessible main floor area with extra wide front door and large room with an ensuite bathroom with roll in shower. Many updates already done like awning windows, all doors, attic insulation, exterior insulation, new vinyl siding, driveway expansion, gutters and guards, light fixtures and ceiling fans, Gas BBQ hook up, +++. All that is needed now is your final ideas and finishing touches. The very large and fully fenced backyard offers multiple patios and a lower waterfront deck with beach access, 2 firepits, large shed and sunsets that never get old! This may be your last chance to get this size of home and property for under a million in this wonderful family friendly neighborhood.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age51-99
Size2000-2500 sq. ft.
Property Tax$7,800
Lot Size66 ft x 183 ft
mls© NumberX13705330
Listed ByCOLDWELL BANKER THE REAL ESTATE CENTRE

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%
$4,862
Property tax
$650
Heat allowance
$150
Housing costs
$5,662 / mo

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

Down payment20% · $189,980
25-yr amortization

Income needed

$174,000

gross annual household income

Payment at 4%
$3,997 / mo
Cash down
$189,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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