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Listed 12 days ago

325 Simpson Avenue

773 - Lincoln/Crowland, Welland

$339,900

Detached|1 1/2 Storey
4 | 2 | 1
About this home

Property sold "As Is, Where Is" basis. Seller makes no representations and/or warranties.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$2,605
Lot Size40 ft x 100 ft
mls© NumberX13866868
Listed ByROYAL LEPAGE STATE 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%
$1,740
Property tax
$217
Heat allowance
$150
Housing costs
$2,107 / mo

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

Down payment20% · $67,980
25-yr amortization

Income needed

$65,000

gross annual household income

Payment at 4%
$1,430 / mo
Cash down
$67,980

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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