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Listed 8 days ago

1316 Nevarc Drive

Grindstone, Burlington

$1,225,000

Detached|Bungalow
3 | 2 | 7
About this home

A rare opportunity to own a truly private 3-bedroom bungalow set on approximately half an acre, surrounded by mature trees and distinguished executive homes. Offering approximately 1,750 sq. ft. of living space, this inviting home was designed for both everyday living and entertaining, with an open-concept layout and a kitchen overlooking the beautifully landscaped backyard. The outdoors is where this property truly shines. Professionally manicured lawns, a completely private setting, inground pool, covered rear porch and all-glass solarium create an incredible extension of the living space and an ideal backdrop for summer gatherings or quiet afternoons at home. A welcoming front sitting porch adds even more charm. Inside, reclaimed beams and a flagstone exterior bring character and warmth, while the attached one-car garage adds everyday convenience. Properties offering this combination of space, privacy, mature surroundings and an exceptional outdoor setting are rarely available. Only minutes away from the GoStation and highway access. A special home for those who love to entertain, enjoy the outdoors, and appreciate something a little different.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,704
Lot Size110.83 ft x 208.12 ft
mls© NumberW13812812
Listed ByRE/MAX ESCARPMENT REALTY INC.

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%
$6,270
Property tax
$392
Heat allowance
$150
Housing costs
$6,812 / mo

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

Down payment20% · $245,000
25-yr amortization

Income needed

$210,000

gross annual household income

Payment at 4%
$5,155 / mo
Cash down
$245,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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