Listed 3 months ago
342 King St N Street N
, Waterloo
$1,688,880
Detached|1 1/2 Storey
4 | 2 | 5
About this home
Wonderful Investment Opportunity. This is a 4 room student property, One 3 piece bath and One 4 piece bath in Uptown Waterloo, short walking distance to the Universities and Conestoga College's Waterloo Campus!
Extras
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,754 |
| Lot Size | 50 ft x 132 ft |
| mls© Number | X13212052 |
| Listed By | RE/MAX TWIN CITY 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%
- $8,644
- Property tax
- $313
- Heat allowance
- $150
- Housing costs
- $9,107 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $337,776
25-yr amortization
Income needed
$280,000
gross annual household income
- Payment at 4%
- $7,107 / mo
- Cash down
- $337,776
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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