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Listed 1 month ago

449 Park Street

Rural Tay, Tay

$1,324,777

Detached|2-Storey
6 | 4 | 6
About this home

Welcome to 449 Park Street, a fully renovated property offering incredible value and versatility. The main home has been updated from top to bottom with true pride of ownership, featuring a custom kitchen with quartz countertops and island, open-concept living and dining area, 3 bedrooms, 2 bathrooms, gas heat, HRV, hot water on demand and central air. Walk out to the back deck and private back yard, perfect for entertaining family and friends. The property also includes a separate home/apartment complete with its own kitchen, living area, 3 bedrooms, 2 bathrooms and separate utilities. Ideal for extended family or generating rental income. Located 5 minutes to all local amenities, walking trails, marinas, Hwy 400 and beautiful Georgian Bay, this is a rare opportunity for investors or multi-generational living. What are you waiting for?

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$5,687
Lot Size200.85 ft x 200 ft
mls© NumberS13592822
Listed ByRE/MAX Georgian Bay Realty Ltd

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%
$6,781
Property tax
$474
Heat allowance
$150
Housing costs
$7,405 / mo

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

Down payment20% · $264,955
25-yr amortization

Income needed

$228,000

gross annual household income

Payment at 4%
$5,575 / mo
Cash down
$264,955

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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