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New2 hours ago

2276 Fairmount Drive

1019 - WM Westmount, Oakville

$1,199,900

Detached|2-Storey
4 | 4 | 3
About this home

Live surrounded by some of Oakville's most reputed public schools, so you don't have to spend a fortune on private schools! Totally renovated 4+1 bed, 4 bath detached home with a single-car garage, sitting on a premium 36' wide lot. Boasting an all-brick exterior, 2,600 sq ft of living space and amazing curb appeal with eye-catching landscaping, a large driveway and a large front porch. The fully upgraded and extended kitchen features new cabinets, new countertops and new stainless steel appliances. The finished, renovated basement with its own gas fireplace is ready to be used as an in-law suite. No rental items in the house: the owned heat pump saves thousands in heating costs, and the owned hot water heater and humidifier save you monthly rental fees. Over $135K invested in renovations by the previous and current owners combined. Walking distance to Oakville Trafalgar Memorial Hospital, FreshCo & Shoppers Drug Mart. Family-oriented neighborhood on a quiet street with excellent schools & parks. Top-rated schools include Garth Webb SS, with one of Oakville's top robotics programs and AP preparation, and Forest Trail PS, known for its excellent French Immersion program. Close to Bronte Creek Provincial Park, the Sixteen Mile Creek trail system, Coronation Park and West Oak Trails Community Park. Quick access to Hwys 403, 407 & QEW.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age16-30
Size2000-2500 sq. ft.
Property Tax$6,868
Lot Size36.09 ft x 84.28 ft
mls© NumberW13794138
Listed ByEXP REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

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

Mortgage, tested at 6%
$6,142
Property tax
$572
Heat allowance
$150
Housing costs
$6,864 / mo

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

Down payment20% · $239,980
25-yr amortization

Income needed

$211,000

gross annual household income

Payment at 4%
$5,049 / mo
Cash down
$239,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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