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86561 London Road

East Wawanosh, North Huron

$799,900

Detached|2-Storey
4 | 2 | 15
About this home

NOW THIS IS COUNTRY/RECREATION LIVING AT IT'S FINEST JUST A STONES THROW AWAY FROM ALL THE AMENTIES THAT WINGHAM OFFERS. THIS 7.4 ACRE PARCEL OFFERS NEARLY 1,000 FEET OF RIVER FRONTAGE ON THE MAITLAND RIVER AND THE LOVINGLY RESTORED 1880 4 BEDROOM HOME IS WEST FACING OFFERING STUNNING SUNSET VIEWS. THE HOME IS SET BACK FAR FROM THE ROAD, TUCKED AWAY AND BACKING ONTO FARMLAND. APPROACHING DOWN THE LONG LANEWAY, YOU'LL APPRECIATE THE COUNTRY LIFESTYLE IN THE CITY AND BEING FLANKED BY THE RIVER WITH VIEWS TO YOUR PRIVATE DOCK. THE HOME ITSELF HAS BEEN COMPLETELY RENOVATED IN RECENT YEARS OFFERING UPDATED ELECTRICAL, PLUMBING, INSULATION, ROOF, WINDOWS AND FURNACE. THE MAIN FLOOR OFFERS AN OFFICE (OR 5TH BEDROOM,) A DINING ROOM OPEN TO THE KITCHEN AND A 4PC BATH WITH LAUNDRY FACILITIES. THE SECOND FLOOR HAS 3 GOOD SIZED BEDROOMS, PLUS A LARGE PRIMARY BEDROOM, A 5 PC BATHROOM AND A LARGE 2ND FLOOR WEST FACING BALCONY OFFERING UP GORGEOUS VIEWS OF THE RIVER, FARMLAND AND SUNSETS. AMPLE SPACE TO STORE YOUR BOAT/RV & THE DOCK ACCESS TO THE MAITLAND RIVER IS A FISHERMAN'S DELIGHT ALLOWING FOR A SMALL FISHING BOAT AND SEVERAL DIFFERENT FISH SPECIES!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$2,559
Lot Size485.66 ft x 894.7 ft
mls© NumberX13056566
Listed ByRE/MAX TWIN CITY REALTY INC.

Listing History

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  • 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%
$4,094
Property tax
$213
Heat allowance
$150
Housing costs
$4,458 / mo

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

Down payment20% · $159,980
25-yr amortization

Income needed

$137,000

gross annual household income

Payment at 4%
$3,366 / mo
Cash down
$159,980

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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