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New5 days ago

1031 Metro Road

Historic Lakeshore Communities, Georgina

$898,000

Detached|Bungalow
3 | 2 | 8
About this home

Rare opportunity to own a ranch-style bungalow just a five-minute walk from Lake Simcoe. Situated in a private, park-like setting, this unique property features a fully fenced yard with beautiful forest views along the rear, south and west sides. Enjoy exceptional parking and storage with a four-car tandem garage, circular driveway with separate entrance and exit, plus ample space for multiple vehicles, boats, trailers or an RV. The home is connected to municipal water and sewers and offers 200-amp electrical service. Move in and enjoy as-is, or renovate and customize to create your dream home. Relax or entertain outdoors on the spacious patio while enjoying the privacy and natural surroundings. Conveniently located close to Lake Simcoe, beaches, marinas, waterfront parks, golf, schools, shopping and dining, with Highway 404 nearby for easy access to the GTA.Seller financing (VTB) may be available flexibility for qualified buyers. A wonderful opportunity for year-round lakeside living with exceptional privacy, parking and future potential. A truly rare find!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$3,784
Lot Size100 ft x 175 ft
mls© NumberN13718808
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%
$4,596
Property tax
$315
Heat allowance
$150
Housing costs
$5,062 / mo

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

Down payment20% · $179,600
25-yr amortization

Income needed

$156,000

gross annual household income

Payment at 4%
$3,779 / mo
Cash down
$179,600

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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