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Listed 3 months ago

120 Second Avenue E

Shelburne, Shelburne

$343,000

Detached|Bungalow
2 | 1 | 1
About this home

Opportunity Knocks! Charming bungalow located in the heart of serene Shelburne offering 2 bed, 1 bath, 800sqft of living space with a private backyard surrounded by mature trees. * Calling all first time home buyers, DIY enthusiasts, investors, or buyers looking to downsize * It is the perfect opportunity to build sweat equity & convert this into your dream home or investment. Situated on a spacious lot - large enough for enjoyment while being low maintenance. Located steps to schools, parks, library, recreation centers, Golf, shopping & much more; quick access to Owen sound st, Main Ave E, & HWY 10 making commute a breeze. Screened porch entry ideal for plant lovers. Large living comb w/ dining space perfect for family entertainment. Sunken Eat-in kitchen w/ modernized cabinets & SS appliances W/O to deck. Two spacious bedrooms & 1-4pc bath perfect for growing families or buyers looking to downsize & retire. Small town charm with city amenities & short distance to all major hubs.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age100+
Size700-1100 sq. ft.
Property Tax$2,523
Lot Size66 ft x 55.44 ft
mls© NumberX13584208
Listed ByCMI REAL ESTATE 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%
$1,756
Property tax
$210
Heat allowance
$150
Housing costs
$2,116 / mo

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

Down payment20% · $68,600
25-yr amortization

Income needed

$65,000

gross annual household income

Payment at 4%
$1,443 / mo
Cash down
$68,600

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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