21 Ferndale Road
Medora, Muskoka Lakes
$429,000
Legal duplex in the thriving village of Port Carling. This property offers an opportunity for a buyer with vision to make use of the existing structure and continue with the previous owner's plans for a two-storey duplex. The driveway provides access to both the upper and lower levels of the building. With over two acres and more than 170 feet of road frontage, the property may also offer severance potential.
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| Type | Detached |
| Style | Other |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $2,521 |
| Lot Size | 172.38 ft x 445 ft |
| mls© Number | X13690970 |
| Listed By | Muskoka Lakes Real Estate Limited |
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%
- $2,196
- Property tax
- $210
- Heat allowance
- $150
- Housing costs
- $2,556 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$79,000
gross annual household income
- Payment at 4%
- $1,805 / mo
- Cash down
- $85,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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