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Listed 9 days ago

13 Cypress Point Crescent

Stephen, South Huron

$279,900

Detached|Bungalow
2 | 2 | 2
About this home

Whether you're looking to downsize and retire year round in Grand Bend, or want an affordable cottage that requires very low maintenance, this lovely Grand Cove home may be just the thing for you. Grand Cove has more amenities than any other Grand Bend neighbourhood, with a private community pool, tennis and pickleball courts, a clubhouse, scheduled events, and more. Set upon the first crescent inside the gated community, is a well cared for 2 bedroom bungalow with a beautiful private backyard view. This home features a smart layout, including a primary bedroom complete with a walk in closet and attached 2 piece bathroom. The bright living areas include a large front sitting room with a gas fireplace, an oversized dining area centred in the home, a functional kitchen and laundry set up, and a bright sunroom leading to the private deck. Outside you'll notice the beautiful front walkways, front covered porch, back deck and patio. The home has some mature trees surrounding it and overlooks a large green space at the rear. This is on leased land and your fees include snow removal of your driveway, making winter maintenance a breeze. Enjoy the warmth of a local community along with the peaceful privacy of this unit's unique offerings.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$448
Lot Size0 ft x 0 ft
mls© NumberX13871706
Listed ByRoyal LePage Heartland 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%
$1,433
Property tax
$37
Heat allowance
$150
Housing costs
$1,620 / mo

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

Down payment20% · $55,980
25-yr amortization

Income needed

$50,000

gross annual household income

Payment at 4%
$1,178 / mo
Cash down
$55,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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