49 Don Mor Drive
Central Newmarket, Newmarket
$899,000
Welcome To 49 And 49B Don Mor Drive. There Are Two Completely Separate Legal Units With Its Own Garbage Collection, Canada Post Mailbox, With Separate Entrance, It Makes A Great Income Property. It Is Sitting On A Large Mature Lot With Great Curb Appeal, And A Long Driveway. In Law Potential. Two Oversized Bright Sunrooms With A Fireplace. Great For Investors And Builders. Minutes Walk To Yonge Street, Bus Stops, Shops And All Amenities. New Roof 2019 (35 Years)
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,617 |
| Lot Size | 70 ft x 130 ft |
| mls© Number | N13725226 |
| Listed By | KINGSWAY REAL ESTATE |
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%
- $4,601
- Property tax
- $385
- Heat allowance
- $150
- Housing costs
- $5,136 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$158,000
gross annual household income
- Payment at 4%
- $3,783 / mo
- Cash down
- $179,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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