1491 Pembroke Drive
1003 - CP College Park, Oakville
$1,159,000
Attention Developers & Builders! Rear opportunity to own an extra deep, Ravine, and Pie-shaped lot over 80 feet wide at the rear end. The existing 3 Bedroom Bungalow was fully renovated from top to bottom in the year 2020 with modern finishes. Over 150 Feet deep lot back onto Munn's Creek, located among lots of newly developed multi-million-dollar homes. Demolish and build or live in this upscale neighborhood. Situated in a very desirable College Park area. Roof was replaced in 2019; Driveway was replaced in 2020. Currently tenanted to a triple A tenant on a month-to-month lease. Tenant willing to stay if buyer wishes to assume tenancy. Property priced for just the lot, house is a bonus. Images are from 2020.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $5,125 |
| Lot Size | 58.22 ft x 150.25 ft |
| mls© Number | W13160824 |
| Listed By | Century 21 Realty Centre |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,932
- Property tax
- $427
- Heat allowance
- $150
- Housing costs
- $6,509 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$200,000
gross annual household income
- Payment at 4%
- $4,877 / mo
- Cash down
- $231,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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