261 Overlea Drive
, Kitchener
$735,000
Great Start Home, very Well maintained, excellent location, Close to Highways, Stores, Hospital with all other amenities and transportation. Large upgraded eat in kitchen and private fenced backyard. Kitchen upgraded in 2022, Quartz countertop, backsplash, new cabinets and finished basement in 2022. Lots of Pot lights. Non-retrofitted Basement.
No extras listed.
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| Type | Detached |
| Style | Sidesplit |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,653 |
| Lot Size | 115.18 ft x 60.1 ft |
| mls© Number | X12128812 |
| Listed By | HOMELIFE MAPLE LEAF REALTY LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,762
- Property tax
- $304
- Heat allowance
- $150
- Housing costs
- $4,216 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$130,000
gross annual household income
- Payment at 4%
- $3,093 / mo
- Cash down
- $147,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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