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Featured
Listed 4 months ago

1047 Lagoon Road

Cardiff Ward, Highlands East

$649,900

Detached|Bungalow
3 | 1 | 5
About this home

Peace, Privacy & Paudash Lake Perfection! This Year-Round Waterfront Home Offers Over 100 Feet Of Privately Owned Shoreline, Two Docks, And An Incredible Setup For Making Memories At The Lake. The Open-Concept Layout Is Built For Entertaining With Hardwood Floors, A Cozy Fireplace, And A Walkout To A Huge Wraparound Deck With Glass Railings. The Dining Room Is Surrounded By Windows Showcasing Stunning Lake Views, While The Kitchen Keeps You Connected To Family And Friends While You Cook. Three Spacious Bedrooms Feature Hardwood Floors And Ample Closet Space, Including A Primary Retreat With Its Own Private Walkout To The Deck For Peaceful Morning Coffees. Downstairs, The Bright Finished Rec Room Offers Another Fireplace, A Wall Of Windows, And Plenty Of Space For Game Nights, Movie Marathons, Or Family Ping-Pong Tournaments. Outside, The Secluded Backyard Is Perfect For Star-Lit Soaks In The Hot Tub, While The Garage And Abundant Storage Make Room For All Your Lake-Life Gear And Toys. With Its Own Well And Septic System, You'll Enjoy Reliable Fresh Water And Easy, Carefree Cottage Living. As An Added Bonus, The Seller Is Including The Boat Rack, Kayaks, Canoe, And Even The Bayliner Boat Shown In The Photos!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$2,770
Lot Size100 ft x 157 ft
mls© NumberX13418642
Listed ByROYAL LEPAGE SIGNATURE REALTY

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%
$3,326
Property tax
$231
Heat allowance
$150
Housing costs
$3,707 / mo

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

Down payment20% · $129,980
25-yr amortization

Income needed

$114,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$129,980

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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