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New3 days ago

2429 Redfern Road

Brant, Burlington

$750,000

Detached|2-Storey
5 | 3 | 3
About this home

South Burlington Renovation Opportunity. Design your custom home, 3,324 sg ft over 3 levels. The main floor is living, dining, kitchen, 2 pc bath + a large family room with a woodburning fireplace. The 5 bedroom second floor has a large primary suite with ensuite bath and walk in closet and 4 additional bedrooms + a main bathroom. The 945 sg ft, newly waterproofed lower level with its own entrance has many options, in-law, income suite, teenagers space or an additional 2 bedrooms & a bath. Most of the main and upper level demolition has been completed. Large pie lot on a quiet court, located close to shopping, highly rated schools, public transit and more. We have even arranged financing to get you through the project phase.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age51-99
Size2000-2500 sq. ft.
Property Tax$6,833
Lot Size39 ft x 121 ft
mls© NumberW14027746
Listed ByRE/MAX ESCARPMENT REALTY INC.

Listing History

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  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$3,839
Property tax
$569
Heat allowance
$150
Housing costs
$4,558 / mo

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

Down payment20% · $150,000
25-yr amortization

Income needed

$140,000

gross annual household income

Payment at 4%
$3,156 / mo
Cash down
$150,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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