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New6 days ago

272 Sheldon Avenue N

, Kitchener

$2,490,000

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

A rare opportunity to own a truly special property with 0.79 acres of land and RES-5 zoning. This charming two-storey home offers 3 bedrooms and 3 bathrooms, combining character, generous living space and an incredible amount of outdoor room for your family to enjoy. Set back on a beautiful, expansive lot, the home makes a statement from the street and is truly the center piece of the property. Inside, you'll find plenty of space for everyday family living, while outside, the possibilities continue with a huge backyard, perfect for summer evenings, entertaining, kids, pets or simply enjoying the privacy and space that is becoming increasingly difficult to find. A double-car garage and oversized driveway provide ample parking for family and guests. Whether you're looking for a property to make your own, an estate home with room to grow, or exploring the development potential offered by the RES-5 zoning, this property presents an exciting opportunity. A large lot, a character-filled home, exceptional outdoor space and development potential - all in one property. Don't miss the opportunity to make this one yours.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$5,250
Lot Size157.1 ft x 386.24 ft
mls© NumberX13714872
Listed ByRE/MAX CENTRE CITY 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%
$12,745
Property tax
$438
Heat allowance
$150
Housing costs
$13,332 / mo

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

Down payment20% · $498,000
25-yr amortization

Income needed

$410,000

gross annual household income

Payment at 4%
$10,478 / mo
Cash down
$498,000

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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