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New6 days ago

Lot 290, 1 McLean Street

Rural Caledon, Caledon

$1,131,272

Detached|2-Storey
4 | 4 | 6
About this home

Introducing Ellis Lane By Poetry Living The Sequoia Elevation B Model. This stunning corner lot home offers 2,217 square feet of beautifully designed living space. Featuring 9-foot ceilings on both the main and second levels, this home exudes a sense of openness and elegance. Engineered Hardwood Flooring: throughout the main living spaces, with the exception of bedrooms and tiled areas. Stairs with Oak treads, Oak veneer risers and stringers with natural finish. Choice of kitchen cabinets and quartz countertops. Stainless steel top mount double compartment kitchen sink complete with shut off valves. Upgrades include: Upgrade Rear Basement Windows Size 24 x 30. White only. Window wells may be required. Site Conditions may apply 8' Interior Doors Throughout in lieu of Standard - Does not include any additional Door (s) or any doors in basement. PROPERTY UNDER CONSTRUCTION NO SHOWINGS. Sales Office Address 12 Neil Promenade Caledon 905-595-9139 Mon-Thurs 1pm-7pm / Sat & Sun 11am-5pm. PRICE is net of HST.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax---
Lot Size34 ft x 89 ft
mls© NumberW14160572
Listed ByINTERCITY 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 estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,790
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$5,940 / mo

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

Down payment20% · $226,254
25-yr amortization

Income needed

$183,000

gross annual household income

Payment at 4%
$4,761 / mo
Cash down
$226,254

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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