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Listed 5 months ago

55 Meek Avenue

Rural Mono, Mono

$1,699,000

Detached|Bungaloft
5 | 4 | 9
About this home

Beautiful 80-foot wide lot: Approximately 4000 sq. ft. plus 2800 sq. ft. professionally finished basement. 5-bedroom detached home featuring 3-car garages. The house has a double frosted glass front door, a den on the main floor, a great room with a gas fireplace that is open to above, and a modern kitchen with stainless steel appliances. The breakfast area walks out to the yard. The professionally finished walk-up basement has a double door, kitchen, bar, 3-piece washroom, 200 amp electrical box, new furnace, humidifier, tankless water heater, central vacuum, and a custom shed. There is also a solarium, exterior pot lights, a sprinkler system, a 21-foot round above-ground pool, aggregate stamped borders, and fencing all around with a double gate entrance.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungaloft
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$9,334
Lot Size80 ft x 125 ft
mls© NumberX13140258
Listed ByRE/MAX CHAMPIONS REALTY INC.

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%
$8,696
Property tax
$778
Heat allowance
$150
Housing costs
$9,624 / mo

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

Down payment20% · $339,800
25-yr amortization

Income needed

$296,000

gross annual household income

Payment at 4%
$7,150 / mo
Cash down
$339,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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