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Listed 2 months ago

51 Melbourne Street W

Lindsay, Kawartha Lakes

$399,900

Detached|1 1/2 Storey
3 | 2 | 4
About this home

Solid starter home with a private, good-sized backyard and a detached garage plus plenty of driveway parking. The bones are here - this one's ready for a buyer with vision. Bring your ideas, some design and a bit of polish, and you'll get the most out of this footprint. Two bedrooms up share a full bath, and the main floor bedroom (or bonus room, if you need flex space) has 2 pc ensuite access - plus its own side door entry, handy if you're thinking home business potential. Eat-in kitchen that works for everyday life, with a large living room to match. And that classic enclosed front porch? Instant curb appeal, just waiting for your touch.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,005
Lot Size41 ft x 106 ft
mls© NumberX13640596
Listed ByRoyal Lepage Kawartha Lakes Realty 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%
$2,047
Property tax
$250
Heat allowance
$150
Housing costs
$2,447 / mo

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

Down payment20% · $79,980
25-yr amortization

Income needed

$75,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$79,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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