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Listed 26 days ago

31 Villa Drive

Pefferlaw, Georgina

$980,000

Detached|Bungalow
2 | 2 | 12
About this home

Fantastic island-like waterfront property just off HWY48 and only about one hour to Toronto! Enjoy the Paradise cottage with wide open view of lakeside lifestyle. More than half Acre of green land: A sprawling private sanctuary surrounded by nature, perfect for family gatherings, children's play, or simply unwinding in peace. Double-side Deep-Water Docks can let you put more than 50' big boat! Includes a spacious BBQ deck area full of potential for your creative touch! Municipal gas line and Drilled well (can let you use endless water for free!) Ready to Connect to natural gas line in the neighborhood for efficient and cost-effective heating and living. Don't miss this Gem and no more! Whether as a dream vacation home or a year-round lakeside residence, this property is the perfect canvas for your vision. House is comfortable and elegant, sit beside bar with fire place and wide open view! Detached over double garbage(960 sq ft heated and insulated with water and electrical, can be switched to guest suite), potential for another separated waterfront location!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,244
Lot Size132 ft x 187 ft
mls© NumberN13643406
Listed ByMANORLEAD GROUP INC.

Listing History

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

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$5,016
Property tax
$437
Heat allowance
$150
Housing costs
$5,603 / mo

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

Down payment20% · $196,000
25-yr amortization

Income needed

$172,000

gross annual household income

Payment at 4%
$4,124 / mo
Cash down
$196,000

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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