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Featured
Listed 3 months ago

132 Lower Faraday Road

Faraday, Faraday

$479,000

Detached|Bungalow
2 | 1 | 6
About this home

Experience The Charm Of Cottage-Style Living With This Inviting 3-Bedroom Home (2 Bedrooms Up, 1 Down) Set On A Scenic Waterfront Lot With Beautiful Pond Views And Peaceful Natural Surroundings. Tucked Back From The Road For Added Privacy, This Property Is The Perfect Opportunity To Hop Into The Cottage Lifestyle While Still Enjoying The Comforts Of A Year-Round Home. Inside, You'll Find A Spacious Eat-In Kitchen, A Bright Living Room, And A Sun-Filled Sitting Area Overlooking The Water. Spend Your Days Canoeing, Fishing, Enjoying Breathtaking Sunsets, Or Simply Relaxing While Watching The Wildlife Pass By. Complete With An Attached Double Garage And A Separate Workshop/Shed, This Property Offers An Excellent Blend Of Recreation, Relaxation, And Rural Living.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$1,822
Lot Size57 ft x 432 ft
mls© NumberX13604270
Listed ByROYAL LEPAGE SIGNATURE 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%
$2,452
Property tax
$152
Heat allowance
$150
Housing costs
$2,754 / mo

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

Down payment20% · $95,800
25-yr amortization

Income needed

$85,000

gross annual household income

Payment at 4%
$2,016 / mo
Cash down
$95,800

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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