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7301 - Meadowlands/St. Claire Gardens, Meadowlands - Crestview and Area
$699,800
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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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,923 |
| Lot Size | 55 ft x 90 ft |
| mls© Number | X13567360 |
| Listed By | ROYAL 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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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