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Listed 19 days ago

1247 Summerville Avenue

5303 - Carlington, Carlington - Central Park

$575,000

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

NEW $10,000 BUYER INCENTIVE! The Seller is offering a $10,000 credit to the Buyer on closing that may be applied toward legal fees, disbursements, land transfer tax and other expenses. Welcome to 1247 Summerville Avenue in desirable Carlington-a charming 1-storey detached home offering an opportunity for first-time buyers, homeowners and investors alike. Featuring 2 bedrooms, 2.5 bathrooms and a finished basement, the home provides comfortable and flexible living space with additional storage. Situated on a generous 40 x 135 ft lot, enjoy a large private backyard with plenty of room for entertaining, gardening and outdoor living. The N4B zoning also adds exciting future redevelopment potential for those looking beyond today's use. Located in a mature, established neighbourhood close to parks, schools, shopping, transit, the Civic Hospital and with easy access to downtown Ottawa. Whether you're looking for a place to call home or a property with future possibilities, 1247 Summerville offers the chance to enjoy it today while investing in tomorrow. Ask your REALTOR for complete details about the $10,000 Buyer Incentive.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,049
Lot Size40 ft x 135 ft
mls© NumberX13678052
Listed ByROYAL LEPAGE TEAM 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%
$2,943
Property tax
$337
Heat allowance
$150
Housing costs
$3,431 / mo

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

Down payment20% · $115,000
25-yr amortization

Income needed

$106,000

gross annual household income

Payment at 4%
$2,420 / mo
Cash down
$115,000

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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