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Listed 2 months ago

9 Tower Road E

7301 - Meadowlands/St. Claire Gardens, Meadowlands - Crestview and Area

$699,800

Detached|1 1/2 Storey
3 | 2 | 2
About this home

LIVE, DEVELOP, or RENT. Charming 1/1/2 storey, 3 bed/2 full bath home centrally located in highly desired St. Claire Gardens. Situated at the East end (non through road) of Tower Rd on a 55' X90 lot with mature trees. The main floor offers a separate living and dining room, kitchen, 3PC bath and flex room that could either be used as the primary bedroom or a home office depending on your needs. The finished basement offers additional living space ideally used as a recreation or TV room plus a second, 3PC bathroom. The back yard .... a cozy fire pit and 10'x12' storage shed. Have a dog? There is a 20'X12' fenced in pen for your furry friend. With close proximity to all major amenities, transit and Algonquin College, this property is easily rentable.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,923
Lot Size55 ft x 90 ft
mls© NumberX13567360
Listed ByROYAL LEPAGE TEAM 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%
$3,582
Property tax
$410
Heat allowance
$150
Housing costs
$4,142 / mo

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

Down payment20% · $139,960
25-yr amortization

Income needed

$127,000

gross annual household income

Payment at 4%
$2,945 / mo
Cash down
$139,960

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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