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Listed 2 months ago

53 Helene Crescent

, Waterloo

$749,000

Detached|Bungalow
3 | 2 | 4
About this home

LOCATION, LOCATION. 5 Minuts drive or walking distance to both Unitversities. Perfect for families, investors, or those seeking extra income! This home represents an opportunity with endless possibilities! This solid, well-maintained bungalow offers incredible versatility with two fully finished levels, each complete with its own living room, kitchen, bathrooms, and three generously sized bedrooms per level. Upstairs,. The kitchen offers plenty of cupboards, counter space and a spacious eat-in nook area with a large window. The lower level is a bright, self-sufficient living space with oversized windows, 3 bedrooms, 1 bathroom, kitchen, and a private separate entrance, ideal for extended family living or as a mortgage-helping rental unit. Enjoy a good-sized backyard perfect for gardening or relaxing, A long driveway fits up to 4 cars, making parking convenient for large families or tenants.

Extras

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Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,836
Lot Size42 ft x 100 ft
mls© NumberX13466958
Listed ByRE/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%
$3,834
Property tax
$320
Heat allowance
$150
Housing costs
$4,303 / mo

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

Down payment20% · $149,800
25-yr amortization

Income needed

$132,000

gross annual household income

Payment at 4%
$3,152 / mo
Cash down
$149,800

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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