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Price Change$589,900

3 Sallows Drive

Rural Tay, Tay

$550,000

Detached|Bungalow
5 | 1 | 2
About this home

Tucked away at the very end of Sallows Drive, this private property offers approximately 60 feet of east-facing Georgian Bay waterfront on a 60.64-by-140-foot lot. Wake up to beautiful morning sunrises and enjoy a rocky, shallow shoreline in a peaceful setting. The existing five-bedroom cottage is ready for its next chapter, inviting buyers with vision to reimagine the current space or explore the possibility of building their dream home or cottage retreat, subject to the appropriate approvals. With year-round road access, Queen's Cove Marina nearby and the GTA approximately 90 minutes away, this is a unique waterfront opportunity filled with potential.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$2,543
Lot Size60 ft x 140 ft
mls© NumberS13769174
Listed ByRE/MAX CROSSTOWN REALTY INC.

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%
$2,815
Property tax
$212
Heat allowance
$150
Housing costs
$3,177 / mo

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

Down payment20% · $110,000
25-yr amortization

Income needed

$98,000

gross annual household income

Payment at 4%
$2,314 / mo
Cash down
$110,000

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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