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Listed 5 months ago

LOT 80 Terravita Drive

206 - Stamford, Niagara Falls

$1,286,000

Detached|Bungalow
2 | 2 | 4
About this home

LIST PRICE INCLUDES THE NEW HST REBATE. Welcome to our Prato Model. Currently being built. This fantastic Bungalow layout has the primary bedroom and a 2nd bedroom located all on the main floor. Situated in a Prestigious Architecturally Controlled Development in the Heart of North End Niagara Falls. Starting with a spacious main floor which features a large eat in kitchen w/gorgeous island, dining room, 2pc bath, living room with gas fireplace, 2 Bedrooms, main floor laundry room and walkout to a covered concrete patio. Where uncompromising luxury is a standard the features and finishes Include 10ft ceilings on main floor, with vaulted ceilings in the living room, 8ft Interior Doors, Custom Cabinetry, Quartz countertops, Hardwood Floors, Tiled Glass Showers, Oak Staircase to the basement, 40 LED pot lights, Front Irrigation System, Garage Door Opener and so much more. This sophisticated neighborhood is within easy access and close proximity to award winning restaurants, world class wineries, designer outlet shopping, schools, above St. Davids NOTL and grocery stores to name a few. If you love the outdoors you can enjoy golfing, hiking, parks, and cycling in the abundance of green space Niagara has to offer. MANY FLOOR PLANS TO CHOOSE FROM. (*** List price shown is inclusive of the HST, net of the applicable HST rebate(s) on the assumption the buyer qualifies and validly assigns such rebate(s) to the builder/vendor on closing. If the buyer does not qualify, the amount of the unavailable rebate(s) shall be payable by the buyer in addition to the stated purchase price on closing.***)

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNew
Size1500-2000 sq. ft.
Property Tax---
Lot Size34.5 ft x 105 ft
mls© NumberX13222446
Listed ByRE/MAX NIAGARA REALTY LTD, BROKERAGE

Listing History

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Could you afford this home?

What the bank counts

This home's estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,582
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$6,732 / mo

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

Down payment20% · $257,200
25-yr amortization

Income needed

$207,000

gross annual household income

Payment at 4%
$5,412 / mo
Cash down
$257,200

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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