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Listed 3 months ago

14835 Jane Street

Rural King, King

$1,950,000

Detached|Backsplit 3
4 | 3 | 10
About this home

2 Acres In Prestigious King Township. Flat And Usable Land. This Property Includes An Existing Backsplit Home Currently Designed For Multi-Family Living. With 3 Separate Living Areas. Many Uses; Could be such as Rental/ Income Property, Single Family Home, Or New Build Professional Drawings Completed. Enjoy many outdoor features of this property including the inground pool. Property is Backing On To King Centennial Trails Providing Beautiful Views along with privacy as well as trials for walks and outdoor activates. Great Opportunity for income property, Builders, and or family looking to be in King combined with privacy on 2 Acres while being close to the City

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBacksplit 3
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,990
Lot Size203.9 ft x 423.6 ft
mls© NumberN13599022
Listed ByROYAL LEPAGE CITIZEN REALTY

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%
$9,981
Property tax
$583
Heat allowance
$150
Housing costs
$10,713 / mo

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

Down payment20% · $390,000
25-yr amortization

Income needed

$330,000

gross annual household income

Payment at 4%
$8,206 / mo
Cash down
$390,000

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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