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Listed 19 days ago

427 Lake Drive E

Historic Lakeshore Communities, Georgina

$1,175,800

Detached|Bungalow
3 | 2 | 10
About this home

Imaging Living In A House On Scenic Stretch Of Lake Dr E With Pristine Waterfront Entertainment Area And Exceptional Lake Views. This Home Offers You One Level Living, Expansive Bright And Spacious Chef-Inspired Kitchen With Massive Centre Island, Floor To Ceiling Windows And Dining Area. Add To These Features Waterfront Dock With Gazebo, Bar And Sitting Area, Large Open Front Yard And Garage/Workshop With 10 Ft High Garage Door. With Lack Of Parking In Lakefront Areas This Property Offers You 8 Parking Spots To Satisfy Your Family And Guests. Only 5 Min Walk To Willow Beach Park And Playground.

Extras

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Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$7,241
Lot Size41.99 ft x 132 ft
mls© NumberN13669858
Listed ByLPT REALTY

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$6,018
Property tax
$603
Heat allowance
$150
Housing costs
$6,772 / mo

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

Down payment20% · $235,160
25-yr amortization

Income needed

$208,000

gross annual household income

Payment at 4%
$4,948 / mo
Cash down
$235,160

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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