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Mt Albert, East Gwillimbury
$799,000
Price Dropped! Great Investment Opportunity In The Extremely Fast Growing Area Of East Gwillimbury Township. Future Proposed Cross Town Highway Will Start From Holborn Road. Over 10 Acres Land With A Bachelor Bungalow On It Surrounded By New Built Homes. Perfect Land To Build Over 5000+ Sqft Dream Home! Septic Tank, Dug Well, Hydro, Bell Cable & Phone Lines Are Available. You Can Build Your Dream Home Soon! Can't Miss It!!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $1,123 |
| Lot Size | 165 ft x 2693.93 ft |
| mls© Number | N13629538 |
| Listed By | REAL ONE REALTY INC. |
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%
- $4,090
- Property tax
- $94
- Heat allowance
- $150
- Housing costs
- $4,333 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$133,000
gross annual household income
- Payment at 4%
- $3,362 / mo
- Cash down
- $159,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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