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1 / 37
Listed 7 days ago

874 Grenoble Boulevard

Bay Ridges, Pickering

$715,000

Detached|Bungalow
3 | 2 | 4
About this home

**ATTENTION INVESTORS, CONTRACTORS, RENOVATORS & BUYERS WITH VISION!** Fantastic Opportunity To Unlock The Potential Of This Bungalow Situated On A Generous 50 x 100 Ft Lot In Pickering's Desirable Bay Ridges Community! Offering Approximately 1,135 Sq. Ft. On The Main Floor Plus An Additional 1,135 Sq. Ft. Basement With A Separate Entrance, This Home Provides Plenty Of Space And Possibilities! The Main Level Features A Kitchen Updated Approximately 6 Years Ago, Providing A Great Starting Point For Your Renovation Plans. The Home Is In Need Of Improvements And Updating, Offering The Perfect Opportunity To Renovate, Customize And Make It Your Own! Whether You're An Investor Looking For Your Next Project, A Contractor Ready To Transform A Property, Or A Buyer Dreaming Of Creating Your Ideal Home, This Property Is Full Of Potential! **LOCATION, LOCATION, LOCATION!** Just Minutes From The Beautiful Shores Of Lake Ontario, Frenchman's Bay, Scenic Waterfront Trails, Parks, Beaches And Pickering's Charming Nautical Village With Its Restaurants, Cafes And Marina. Conveniently Located Near Pickering GO Station, Highway 401, Schools, Shopping And Everyday Amenities. Enjoy The Charm Of An Established Residential Neighbourhood With The Added Benefit Of Being Close To The Waterfront! **BRING YOUR VISION AND IMAGINATION - A WONDERFUL OPPORTUNITY TO CREATE SOMETHING SPECIAL!**

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$5,282
Lot Size50 ft x 100 ft
mls© NumberE14126934
Listed ByRIGHT AT HOME REALTY

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$3,660
Property tax
$440
Heat allowance
$150
Housing costs
$4,250 / mo

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

Down payment20% · $143,000
25-yr amortization

Income needed

$131,000

gross annual household income

Payment at 4%
$3,009 / mo
Cash down
$143,000

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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