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Listed 21 days ago

607 Simcoe Street

Beaverton, Brock

$399,900

Detached|Bungalow
1 | 1 | 3
About this home

This is a cute in-town bungalow that is ideal for first time buyers looking to get into the market or retirees looking to downsize. A large eat-in kitchen welcome you into the home and flows into the living room for great entertaining. The spacious bedroom can accommodate a king size bed and the windows let in lots of daylight keeping the space feeling bright and energetic. Downstairs, the partial basement would make for a nice home office space or workshop. The home is situated on a wonderful 58' x 181' lot backing onto trees and privacy. Located within walking distance of town, all amenities and Lake Simcoe. 35 mins to Orillia/Lindsay, 45 mins from 404.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size< 700 sq. ft.
Property Tax$2,048
Lot Size58 ft x 181 ft
mls© NumberN13659242
Listed ByRE/MAX COUNTRY LAKES REALTY 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%
$2,047
Property tax
$171
Heat allowance
$150
Housing costs
$2,368 / mo

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

Down payment20% · $79,980
25-yr amortization

Income needed

$73,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$79,980

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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