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Listed 6 months ago

6583 Pioneer Village Line

Rural Ramara, Ramara

$399,500

Detached|Bungalow
3 | 1 | 5
About this home

Perfect reno opportunity for a team of trades or couple. Great bones ..some roof repair needed. All furniture will stay except bedding and personal items. Over an acre to enjoy backing on to Head River with ample room for atv/snowmobile riding, gardening, and space to enjoy the peace and tranquility of nature.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$2,317
Lot Size251.66 ft x 263.69 ft
mls© NumberS13066072
Listed ByMAIN STREET REALTY LTD.

Listing History

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  • 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%
$2,045
Property tax
$193
Heat allowance
$150
Housing costs
$2,388 / mo

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

Down payment20% · $79,900
25-yr amortization

Income needed

$73,000

gross annual household income

Payment at 4%
$1,681 / mo
Cash down
$79,900

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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