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Listed 1 month ago

40 Rabbit Road

Rural Brighton, Brighton

$849,500

Detached|Bungalow
3 | 1 | 9
About this home

This Stunning WATERFRONT Property originally at $1,052,000.00 - Now only at $849,500.00 for quick sale. A must see. Now with added locked entry gate, Security Cameras covering home, property and beach, Fenced for privacy around parameter of property so you can see property from anywhere off site, Landscaping throughout property, approx. 1 acre featuring 100 ft. of your own beautiful beach along Popham Bay (Lake Ontario). Attached to this lot is an adjoining 2nd lot (approximately 5000 sq.ft. extending back to Rabbit Rd from this 1 acre beach front lot). Sitting on this million dollar lot is a 3 bedroom cottage or year round home (1057 square feet). Featuring it's own detached garage (New Modern Metal Roof with Electrical Supply) and 2 separate storage structures, one sized 20ftx10ft and other unit by 12ftx24ft, Great for boats, vehicles and storage etc. Enjoy a clear waterfront view with floor to ceiling windows with a centre walkout. Entertain from an open concept kitchen / dining area with a large stone fireplace in the adjoining family room. Step outside onto the 500 sq ft wrap-around deck, where you can relax, soak up the sun, and enjoy all that lakeside living has to offer. From the deck, a groomed lawn leads to your private beach. Swim, enjoy family campfires and feel that you're at your own private resort everyday. This is a rare opportunity to own waterfront property that is in short supply only steps away from Presqu'ile Provincial Park. This can also be a great investment property (i.e. Airbnb)

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,744
Lot Size100 ft x 448.3 ft
mls© NumberX13771612
Listed ByRE/MAX METROPOLIS REALTY

Listing History

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  • 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%
$4,348
Property tax
$395
Heat allowance
$150
Housing costs
$4,893 / mo

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

Down payment20% · $169,900
25-yr amortization

Income needed

$151,000

gross annual household income

Payment at 4%
$3,575 / mo
Cash down
$169,900

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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