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Price Change$748,800

331 Newbury Drive

, Kitchener

$718,500

Detached|Backsplit 4
3 | 2 | 3
About this home

Welcome to 331 Newbury Dr located in the desireable neighbourhood of Forest Heights. This clean well maintained 3+1 bedroom, four level backsplit is on a quiet street with plenty of mature trees. Situated on a beautiful sized lot the backyard is full of potential for any type of owner. Inside you will find a bright spacious sized living and dining room along with a great layout to the rest of the home. The lower levels can be used for anything from additional family room, office, gym and more.This home is conveniently located to schools, shopping, parks, trails and hwy access mins away.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBacksplit 4
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,738
Lot Size38.93 ft x 99.6 ft
mls© NumberX13566416
Listed ByRE/MAX EXPERTS

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%
$3,678
Property tax
$395
Heat allowance
$150
Housing costs
$4,222 / mo

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

Down payment20% · $143,700
25-yr amortization

Income needed

$130,000

gross annual household income

Payment at 4%
$3,024 / mo
Cash down
$143,700

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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