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Listed 2 months ago

7157 5th Line

Rural New Tecumseth, New Tecumseth

$1,124,999

Detached|Bungalow
3 | 3 | 12
About this home

This beautifully updated 3,100 SQFT home offers the perfect blend of rural charm and modern living. Set on a serene country lot that backs directly onto a pristine golf course, this property provides the tranquillity of nature with the convenience of nearby amenities. Step inside to find a bright, tastefully renovated interior featuring a spacious open-concept layout. Hardwood and laminate flooring (new flooring in living, dining, kitchen, foyer, and hallway areas) runs seamlessly throughout the home, adding warmth and style to every room. The expansive primary bedroom serves as your private retreat, offering ample space to relax and unwind. The heart of the home boasts an inviting living area, ideal for both entertaining and family gatherings, with natural views from every window. Whether you're preparing meals in the updated kitchen or enjoying your morning coffee on the back deck overlooking lush fairways, you'll appreciate the peaceful surroundings. Located just minutes from schools, shopping, and essential amenities, this home also offers easy access to Highways 9, 27, 50, and 400, making commuting a breeze. Don't miss this rare opportunity to own a slice of country paradise with urban convenience. Schedule your private showing today! **Extra insulation in attic, propane line to deck, Ironator, water softener, and wood stove in basement as is*

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$5,842
Lot Size100.06 ft x 243.13 ft
mls© NumberN13687356
Listed ByCOLDWELL BANKER RONAN REALTY

Listing History

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

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$5,758
Property tax
$487
Heat allowance
$150
Housing costs
$6,395 / mo

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

Down payment20% · $225,000
25-yr amortization

Income needed

$197,000

gross annual household income

Payment at 4%
$4,734 / mo
Cash down
$225,000

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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