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Listed 3 months ago

38 - 201 Silvercreek Parkway N

Junction/Onward Willow, Guelph

$499,000

Condo Townhouse |
3 | 2 | 1 | 0
About this home

This super cute condo could be a wonderful home for someone looking to downsize,Investor or first time Buyer. This beautiful condo located with just steps to shops, restaurants, grocery stores, public transit and schools. Main floor features a cute dining area overlooking the living room. Spacious living room with large windows brings in tons of light and bright kitchen with ample cabinets and great counter space. Second floor offers 3 bedrooms and a 4pc bath. The basement with Rec room and your laundry room. It could be 3rd bathroom. Very private and fully fenced backyard. Designated 1 car parking in front of the unit. Lower condo fees and lots of guest parking. Well priced and open to offers any time. The unit is vacant so quick closing is possible.

Extras

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Townhouse
Style2-Storey
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$455
LockerNone
BalconyNone
ExposureNorth
Parking TypeNone
Parking Spaces1
Parking FeaturesSurface
Property Tax$2,425
mls© NumberX13153274
Listed ByRoyal Star Realty Inc
Cable TV Included
Building Insurance Included

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%
$2,554
Property tax
$202
Heat allowance
$150
Condo fees, half counted
$228
Housing costs
$3,134 / mo

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

Down payment20% · $99,800
25-yr amortization

Income needed

$96,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

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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