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Listed 1 month ago

1007 Clare Avenue

662 - Fonthill, Pelham

$1,169,500

Detached|Bungalow
3 | 3 | 6
About this home

Central Fonthill located across from the Steve Bauer Trail, close to parks and schools. Custom Built Bungalow, 4 years new. 1830 sqft on the main floor, 1600 sqft finished basement, over 3400 sqft of finished living space. Covered front porch, open concept plan, modern quality finishes, 9 ft ceilings, 8 ft doors, engineered hardwood, tiled floors throughout, rustic wood beams in the living area. Stylish kitchen with lacquered finish cabinetry, quartz countertops, tiled backsplash and island with breakfast bar. Floor to ceiling tiled gas fireplace, custom blinds. 3 large bedrooms, a private primary bedroom located at the back of the home, spa- like 5pc ensuite bathroom, large walk-in closet. 2nd bedroom is located down the hall with a main 4 piece bath. Front bedroom currently being used as a den/office. Main floor laundry area entrance from the garage. Oversized double garage, separate walk up entrance to the basement, perfect for the potential of an in-law suite. The lower level features a massive 40 x 22 ft rec room, large windows, a second gas fireplace stone mantel. 4th guest room, spacious 3 piece bathroom, insulated/soundproofed room perfect for a quiet office space or music room. The basement has multiple ethernet CAT-8 cables for direct internet capabilities. Fully fenced backyard (2023) Newly completed deck and landscaping. Minutes to town, easy access to Highway 20 and the QEW. 30 minutes to St. Catharines or Niagara Falls, enjoy our best golf courses and Niagara's finest wineries. Flexible closing date available! Come and see for yourself!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age0-5
Size1500-2000 sq. ft.
Property Tax$6,997
Lot Size55.28 ft x 114.01 ft
mls© NumberX13777258
Listed ByROYAL LEPAGE NRC 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%
$5,986
Property tax
$583
Heat allowance
$150
Housing costs
$6,719 / mo

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

Down payment20% · $233,900
25-yr amortization

Income needed

$207,000

gross annual household income

Payment at 4%
$4,921 / mo
Cash down
$233,900

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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