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New7 days ago

97 Damsel Circle

Sutton & Jackson's Point, Georgina

$375,000

Detached|Bungalow
2 | 2 | 4
About this home

Welcome to Sutton by the Lake Adult Community. This Riviera model has 2 bedrooms and 2 bathrooms. Lovely sized lot with backyard deck accessible from the 4 Season Sunporch which can be used as a Family Room/Den. Large living room with combined dining area. Laundry room off of the kitchen with exit to back deck. Large pantry/storage closet in hallway and also some storage in the laundry room as well. Large primary bedroom with a 3 pc ensuite and walk-in closet. Guest room also has a 4pc bathroom across the hall. This is a land lease community and the land lease amount to the new Buyer will be $575.29 per month. Land lease includes lease of land, water, snow removal of more than 3 inches in the driveways, use of Club House, Inground Pool, Shuffle Board and Pickleball Court. Join in the community fun with Ladies/Men's Clubs, Bingo, Shuffle Board, Golf, Cards, BBQ's, Dinners and Dances, etc. Come take a look and see!

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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$1,501
Lot Size24 metres x 38.497 metres
mls© NumberN13710882
Listed ByREMAX YOUR COMMUNITY REALTY

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%
$1,919
Property tax
$125
Heat allowance
$150
Housing costs
$2,195 / mo

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

Down payment20% · $75,000
25-yr amortization

Income needed

$68,000

gross annual household income

Payment at 4%
$1,578 / mo
Cash down
$75,000

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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