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Listed 2 months ago

497 Victoria Street S

, Kitchener

$549,900

Detached|1 1/2 Storey
4 | 2 | 4
About this home

Opportunity to own an affordable 4 BEDROOM home in the downtown core area! Some features include detached DOUBLE GARAGE (19'4 x 23'3), covered rear porch, side entry (3 entry points), 2 main floor bedrooms, main floor 4pc bathroom, finished rec-room with full bathroom, cold room, and additional storage room. All appliances included, some updated flooring, some updated vinyl windows, and plenty of natural light throughout the home. Walking score of 76 to nearby restaurants, coffee shops, grocery store, parks and schools. Conveniently located near public transit, bike paths, two hospitals, and HWY 7/8 Expressway access.

Extras

No extras listed.

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Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$3,663
Lot Size56.2 ft x 123.32 ft
mls© NumberX13490816
Listed ByRE/MAX Real Estate Centre 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%
$2,815
Property tax
$305
Heat allowance
$150
Housing costs
$3,270 / mo

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

Down payment20% · $109,980
25-yr amortization

Income needed

$101,000

gross annual household income

Payment at 4%
$2,314 / mo
Cash down
$109,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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