Listed 5 months ago
98 Eagle Street
Central Newmarket, Newmarket
$1,350,000
Detached|Bungalow
2 | 1 | 6
About this home
Attention Builders and Investors! Land Assemble avaiable. Being SOld with 104 Eagle St only. Eah lot is 60 ft x 200 ft. CLose to Yonge ST, Transit and all amenities. Perfect opportunity for Townhouse/Lowrise/Commercial project in a designated municipal intensification zone.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,426 |
| Lot Size | 60 ft x 200 ft |
| mls© Number | N12943156 |
| Listed By | COLDWELL BANKER THE REAL ESTATE CENTRE |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,910
- Property tax
- $369
- Heat allowance
- $150
- Housing costs
- $7,429 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $270,000
25-yr amortization
Income needed
$229,000
gross annual household income
- Payment at 4%
- $5,681 / mo
- Cash down
- $270,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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