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Listed 16 days ago

70 Shipley Avenue

Collingwood, Collingwood

$1,198,000

Detached|2-Storey
5 | 4 | 4
About this home

STUNNING 2 STOREY HOME IN SUMMIT VIEW COMMUNITY. BACKING ONTO RAVINE! DEEP LOT! CLYDESDAL MODEL WITH 2600 SQFT. 9'CEILING, OPEN CONCEPT. 5 BEDROOMS, 3.1 BATHROOM. SORRING FOYER LEADS YOU INTO THE COMFORTABLE FAMILY AREA AND THEN FORMAL DINING ROOM AND THE GOURMET'S KITCHEN. GENEROUS FAMILY AREA WITH COFFERED CEILING AND POT LIGHTS. BRIGHT KITCHEN WITH HUGE ISLAND, WALKIN PANTRY. HUGE MASTER WITH 5PC ENSUITE, WALKIN CLOSET AND DOUBLE DOOR. MAIN FLOOR LAUNDRY. GARAGE DOOR OPENER. UNFINISHED WALKOUT BASEMENT. MINUTES AWAY FROM BLUE MOUNTAIN SKI RESORT, GEORGIAN BAY, DOWNTOWN, SPA, TRAILS AND PARKS.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age0-5
Size2500-3000 sq. ft.
Property Tax$6,000
Lot Size40.03 ft x 153.41 ft
mls© NumberS13846838
Listed BySUTTON GROUP INCENTIVE 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%
$6,132
Property tax
$500
Heat allowance
$150
Housing costs
$6,782 / mo

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

Down payment20% · $239,600
25-yr amortization

Income needed

$209,000

gross annual household income

Payment at 4%
$5,041 / mo
Cash down
$239,600

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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