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Listed 11 days ago

6 SANDRA Crescent

542 - Grimsby East, Grimsby

$699,000

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

Solid bungalow in a desirable Grimsby location, ideally situated directly across the street from a park and walking distance to Main St. The updated main floor features a bright, open-concept layout with a modern kitchen, 2 bedrooms and a full bath. The lower level offers an additional bedroom, full bath and excellent in-law suite potential. A great opportunity for you families, first time buyers or those upsizing from a condo in a family-friendly neighbourhood close to parks, schools, shopping and amenities.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. Age31-50
Size700-1100 sq. ft.
Property Tax$3,941
Lot Size34.45 ft x 100 ft
mls© NumberX13871262
Listed ByRE/MAX ESCARPMENT REALTY INC.

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
$328
Heat allowance
$150
Housing costs
$4,056 / mo

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

Down payment20% · $139,800
25-yr amortization

Income needed

$125,000

gross annual household income

Payment at 4%
$2,942 / mo
Cash down
$139,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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