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Listed 2 months ago

78 Melbourne Street W

Lindsay, Kawartha Lakes

$449,900

Detached|2-Storey
3 | 3 | 7
About this home

5 THINGS YOU'LL LOVE ABOUT THIS HOME! 1) THE LOCATION - Just three blocks from downtown Lindsay, you're just steps away from a walkable, heritage-rich core along the Scugog River, with easy access to Ross Memorial Hospital, schools, and a manageable commute to the GTA. 2) THE YARD - The deep, flat, private backyard is anchored by a beautiful mature tree, with plenty of room to garden, entertain, or just let the kids run free. A full detached one-car garage provides secure parking and valuable extra storage, a rare find for a home of this age. 3) THE LIVING SPACE - This four-bedroom, three-bathroom home offers over 1,700 square feet of finished living space, showcasing plenty of character throughout. It's an ideal opportunity for first-time homebuyers looking to put down roots in a growing community. 4) THE SUNROOM - An additional sunroom off the back of the house extends the living space, creating a bright, cozy bonus spot for morning coffee, reading, or a bit of creative and artistic space of your own. It's a simple addition that quietly becomes a favourite corner of the house. 5) THE BASEMENT SUITE - The basement offers added flexibility with a kitchenette featuring a full-size fridge and cabinetry, along with a separate bathroom and downstairs bedroom. Whether used for extended family, guests, or additional living space, this area can adapt to suit your needs.

Extras

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,069
Lot Size56.1 ft x 140 ft
mls© NumberX13647146
Listed ByColdwell Banker Electric 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%
$2,303
Property tax
$256
Heat allowance
$150
Housing costs
$2,709 / mo

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

Down payment20% · $89,980
25-yr amortization

Income needed

$83,000

gross annual household income

Payment at 4%
$1,893 / mo
Cash down
$89,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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