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Listed 29 days ago

301 Spruce Street

Collingwood, Collingwood

$700,000

Detached|Sidesplit
3 | 3 | 5
About this home

This is your chance to purchase a well located Collingwood property with a great 3 bedroom side spilt home on a large mature lot. Attached garage offers a fabulous heated workshop with inside entry. Main level entry foyer opens into the multi-use room which includes built in pantry, two closets, garden doors to the treed backyard, and inside garage access, as well as a 2 piece bath. Kitchen, living room with bay window, and dining with garden doors are all located on the same level. The upper level includes three bedrooms and the 4 piece bathroom. The lower level features a large family room with gas fireplace, storage room, a shower, sauna, laundry, and crawlspace access for even more storage. Enjoy the concrete patio in your large backyard. Mountain View Public School is across the street and a short walk to Centennial Aquatic Centre, Heritage Park, the dog park, skate park, and baseball diamond.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleSidesplit
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$3,863
Lot Size79.69 ft x 165.74 ft
mls© NumberS13802206
Listed ByChestnut Park Real Estate

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%
$3,583
Property tax
$322
Heat allowance
$150
Housing costs
$4,055 / mo

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

Down payment20% · $140,000
25-yr amortization

Income needed

$125,000

gross annual household income

Payment at 4%
$2,946 / mo
Cash down
$140,000

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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