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New5 days ago

2223 Halifax Drive

3703 - Elmvale Acres/Urbandale, Elmvale Acres and Area

$650,000

Detached|Bungalow-Raised
3 | 2 | 4
About this home

Nestled in a fantastic, family-friendly neighborhood, this charming, raised bungalow offers the perfect blend of comfortable living and excellent income or multi-generational potential. Situated close to top-rated schools, parks, shopping, and easy access to major routes, this home combines convenience with undeniable charm. Step inside to a bright and open main level featuring a cohesive living and dining area, perfect for entertaining. The modern kitchen overlooks the space, creating a warm, connected atmosphere. Walk out from the living room through double door to your own private front deck-an ideal spot for morning coffee. Three generously sized bedrooms with vaulted ceilings await, including one with convenient patio door access to the backyard, offering flexibility as a bedroom or a sunny family room. The lower level unveils incredible potential! The lower level is ideal for an in-law or rental suite, featuring a separate entrance, an oversized living/dining space, a kitchen, two bedrooms with closets and a renovated 3-piece bath. A dedicated laundry room is accessible from both units. This space is perfect for generating rental income or accommodating extended family. This is a rare find: a move-in ready home with income suite potential, situated on a quiet street just moments from all amenities. Don't miss this opportunity! Few photos have been virtually staged. 48 hours irrevocable on all offers.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,413
Lot Size50 ft x 100 ft
mls© NumberX13717810
Listed ByRE/MAX HALLMARK REALTY GROUP

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%
$3,327
Property tax
$368
Heat allowance
$150
Housing costs
$3,845 / mo

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

Down payment20% · $130,000
25-yr amortization

Income needed

$118,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$130,000

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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