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Listed 5 months ago

1093 Wilderness Trail

Cardiff Ward, Highlands East

$825,000

Detached|Bungalow
2 | 1 | 7
About this home

Visit the REALTOR website for further information about this listing. Enjoy the beauty of Eels Lake from your front deck, shoreline or dock. Situated 20 ft from the waters edge this south facing, 2 bedroom cottage plus a bunkie offers a wonderful view of Spooks Bay. Renovations over the years include: the construction of a new roof with cathedral ceiling finished in cedar; square log style walls and new flooring throughout living room, bedrooms and bathroom; new washroom and shower, new low-e windows throughout and LP SmartSide exterior engineered wood siding - maintenance free for many years. There is a new outhouse with a Cinderella eco incineration toilet and outdoor shower. All buildings' substructure were rebuilt and leveled. The Man Shed provides lots of room to store things or to use as a workshop. There is additional storage for water toys in the unfinished block basement under the cottage. Its truly walk in ready for use. The dock provides deep water access all season for swimming and boats whereas the shoreline provides shallow water for kids. The access road into the cottage is well maintained and relatively flat for easy access, winter or summer. The wood stove and electric heat provides a cozy atmosphere when the outsides temperature dip.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,072
Lot Size21.67 metres x 47.78 metres
mls© NumberX13243664
Listed ByEASY LIST REALTY LTD.

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%
$4,223
Property tax
$256
Heat allowance
$150
Housing costs
$4,629 / mo

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

Down payment20% · $165,000
25-yr amortization

Income needed

$142,000

gross annual household income

Payment at 4%
$3,472 / mo
Cash down
$165,000

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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