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130 - 5330 McFarland Road
Rural Hamilton, Hamilton Township
$699,000
Detached|Bungalow
2 | 1 | 6 | 0
About this home
Thoughtfully updated Rice Lake Waterfront property, enjoy the entire Trent Severn Waterway from your new dock. Northwestern exposure for amazing sunsets, this area is well known for excellent fishing and miles and miles of lock free boating. 2+1 bedroom bungalow with walkout basement, over 200k in recent updates, 179 ft deep lot, new driveway parking area, armour stone, fenced backyard with patio, super low maintenance design so you can spend more time enjoying the outdoors & lake! Every detail considered to maximize your view & privacy. Some of the recent improvements include: Board & Batton Style vinyl siding, steel roof, wrap around deck & railings, fence, dock, windows, staircase, electrical, drywall, kitchen, bathroom, appliances, lights and fans inside & out, landscaping +++ Forced Air Propane furnace for year round enjoyment! Great location with Marina's/boat launches nearby, shops, only an hour to the GTA. New flooring and some interior doors/trim etc being finished week of October 16th.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | < 700 sq. ft. |
| Property Tax | $3,384 |
| mls© Number | X13870208 |
| Listed By | RE/MAX ROUGE RIVER REALTY LTD. |
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%
- $3,578
- Property tax
- $282
- Heat allowance
- $150
- Housing costs
- $4,010 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $139,800
25-yr amortization
Income needed
$123,000
gross annual household income
- Payment at 4%
- $2,942 / mo
- Cash down
- $139,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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