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New7 days ago

111 Osborne Street

Victoria Harbour, Tay

$585,000

Detached|Bungalow
3 | 2 | 10
About this home

4 BEDROOM BUNGALOW WITH IN-LAW POTENTIAL, PARKING FOR 10 & A QUIET, MATURE NEIGHBOURHOOD! Set on a deep 66 x 170 ft lot with a wooded backdrop, this all-brick bungalow offers over 2,100 finished sq. ft. and a 4 bedroom layout with room to adapt as life changes. Several important updates have already been completed, including the roof, basement windows, furnace and air conditioning. The open-concept main level has its own laundry, while the finished lower level with a separate entrance creates even more possibilities with a bright white kitchen, ample cabinetry and counter space, pot lights and separate laundry. It is a setup that can work beautifully for extended family, older children or guests who would benefit from their own living area. The 66 x 170 ft property opens up plenty of possibilities outdoors too, whether you picture gardens, a play area, summer dinners on the lawn or creating a backyard space that is entirely your own. Mature trees and the wooded backdrop reinforce the quiet, established neighbourhood setting, while the front ramp provides easier access and the long driveway offers parking for up to 10 vehicles.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$2,417
Lot Size66 ft x 170 ft
mls© NumberS14005914
Listed ByRE/MAX HALLMARK PEGGY HILL GROUP REALTY

Listing History

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,994
Property tax
$201
Heat allowance
$150
Housing costs
$3,346 / mo

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

Down payment20% · $117,000
25-yr amortization

Income needed

$103,000

gross annual household income

Payment at 4%
$2,462 / mo
Cash down
$117,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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