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Price Change$519,900

1 Linden Avenue

662 - Fonthill, Pelham

$497,500

Detached|2-Storey
1 | 2 | 2
About this home

Rare opportunity in the heart of Fonthill! Build your dream home on this extra-deep private lot while living comfortably on-site. The original homestead is a tear-down, offering the ideal location to construct a new custom home. A detached garage, custom built in 2019, features fully finished living quarters. The main level includes a lounge area, laundry and bathroom, plus a covered deck overlooking the backyard. Upstairs, the bright bachelor suite offers an open-concept layout with a modern kitchen featuring a large island, living/bedroom area, and 3-piece bathroom. The private backyard includes a firepit area for relaxing and entertaining. Walk to Downtown Fonthill to enjoy boutique shopping, restaurants, the Farmers' Market, parks, and popular summer concerts. Live in the existing suite while building, then keep it as an accessory dwelling for rental income, extended family, or guests. A unique property with exceptional potential in a sought-after neighbourhood.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,836
Lot Size50 ft x 173.66 ft
mls© NumberX13609334
Listed ByRE/MAX NIAGARA REALTY LTD, BROKERAGE

Listing History

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  • 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%
$2,546
Property tax
$403
Heat allowance
$150
Housing costs
$3,099 / mo

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

Down payment20% · $99,500
25-yr amortization

Income needed

$95,000

gross annual household income

Payment at 4%
$2,094 / mo
Cash down
$99,500

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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