1308 Redbank Crescent
1003 - CP College Park, Oakville
$840,000
This charming 3 bedroom, 2 bath semi detached home in College Park features a fantastic combination of comfort, updates and functionality. The bright main level features a welcoming living space with a large front bay wiindow which fills the home with natural ligt and an updated kitchen gives you updated features and modern finishes. Three bedrooms and a 4 piece bath on the second floor complete this home. The finished basement provides valuable additional living space with a family room (or if you wish, home office, gym, or playroom). Enjoy peace in the backyard, an ideal spot for relaxing or entertaining. Additional highlights - Newer furnace and a/c. Attached garage, private drive able to accomodate 4 vehicles. Close to parks, schools, shopping, transit and everyday amenities. A wonderful opportunity to make this well maintained home your own!
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Listing History
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,300
- Property tax
- $364
- Heat allowance
- $150
- Housing costs
- $4,813 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$148,000
gross annual household income
- Payment at 4%
- $3,535 / mo
- Cash down
- $168,000
Assumes no other monthly debts · 25-yr amortization
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