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Listed 2 months ago

21 Eva Crescent

Collingwood, Collingwood

$849,999

Detached|Bungalow
2 | 1 | 7
About this home

Rare .8 acre backing onto the Pretty River right in Collingwood! Whether you are a contractor looking for your next project or a retiree dreaming of a custom-built four-season 2 bedroom home, this Riverfront property offers the ultimate canvas for your next home. While the existing structure provides a footprint, the true potential lies in the 175ft+ (irregular) deep lot with views of Riverfront and Georgian Bay. Enjoy the tranquil sounds of the Pretty River right in your backyard, an environment that feels worlds away yet remains minutes from modern conveniences. Inside the home, you will notice a wood burning fireplace in the livingroom, gas fireplace in the dining area, tile flooring in the kitchen with stainless steel appliances (gas stove) and a stackable washer/dryer just off the 4pc bathroom. As a bonus, you also have a detached garage with lots of storage options.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$3,706
Lot Size153.08 ft x 260 ft
mls© NumberS13672930
Listed ByRoyal LePage Locations North

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%
$4,351
Property tax
$309
Heat allowance
$150
Housing costs
$4,810 / mo

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

Down payment20% · $170,000
25-yr amortization

Income needed

$148,000

gross annual household income

Payment at 4%
$3,577 / mo
Cash down
$170,000

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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