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Listed 10 days ago

705 Edgewood Road

Amberlea, Pickering

$850,000

Detached|2-Storey
4 | 3 | 4
About this home

Detached 2-Storey Home In Desirable, Family-Friendly Amberlea Community * 4 Bedrooms Plus 2nd-Floor Office & 3 Bathrooms * Inground Pool (As Is), Perfect For Backyard Entertaining * Bright & Spacious Living & Dining Areas * Family Room With Gas Fireplace ( As Is) * Kitchen With New Flooring * Primary Bedroom Featuring His & Hers Closets & 3-Pc Ensuite * Basement With Spacious Recreation Room & Fireplace * Conveniently Located Close To Schools, Parks, Trails, Shopping, Restaurants, Public Transit & Everyday Amenities * Easy Access To Highways 401 & 407* Roof & Air Conditioner (5yrs)

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,168
Lot Size45 ft x 115 ft
mls© NumberE13867112
Listed ByCENTURY 21 PERCY FULTON LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,351
Property tax
$597
Heat allowance
$150
Housing costs
$5,098 / mo

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

Down payment20% · $170,000
25-yr amortization

Income needed

$157,000

gross annual household income

Payment at 4%
$3,577 / mo
Cash down
$170,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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