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30 Paxton Lane

582 - Cobden, Whitewater Region

$399,999

Freehold Townhouse|1 Storey/Apt
2 | 2 | 3
About this home

Welcome to 30 Paxton Lane, located within Champlain Village in Cobden Ontario. This 1203 square foot duplex sits on a large treed lot and offers a bright and spacious layout with 9 foot ceilings and an open concept kitchen and living area. The home has upgraded trim throughout. Samsung appliances in the Kitchen, upgraded cabinets and granite countertops. The primary bedroom has a wall of closet space and a 3 piece ensuite, the 2nd bedroom has a closet and large window overlooking the rear yard. The garage provides easy access into the mudroom.This is a generous sized duplex with 1,203 sq feet total space. The 1 car built-in garage and 2 car parking in driveway provide 3 parking spots. This land lease community is open year round, monthly land lease is $590. Taxes are not yet assessed and anticipate arrpoximately $1800.00 / year.

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BrokerHub Inc.
(647) 254-1864
TypeAtt/Row/Townhouse
Style1 Storey/Apt
Approx. AgeNew
Size1100-1500 sq. ft.
Property Tax---
Lot Size50 ft x 120 ft
mls© NumberX12895700
Listed ByROYAL LEPAGE SIGNATURE REALTY

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 estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,047
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$2,197 / mo

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

Down payment20% · $80,000
25-yr amortization

Income needed

$68,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$80,000

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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