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Listed 9 days ago

38 Riesling Street

542 - Grimsby East, Grimsby

$949,900

Detached|2-Storey
3 | 3 | 4
About this home

Welcome home to one of Grimsby's newest communities. This popular Chedoke model by Branthaven Homes offers 2,100 sqft. of thoughtfully designed living space with 3 bedrooms and 3 bathrooms. Featuring a stunning upgraded kitchen, hardwood flooring throughout, quartz countertops, and upgraded 9-foot basement ceilings, this home offers the perfect blend of style, comfort, and future potential. Conveniently located close to parks, schools, shopping, wineries, and easy highway access.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age0-5
Size2000-2500 sq. ft.
Property Tax$6,992
Lot Size35.89 ft x 98.6 ft
mls© NumberX13881372
Listed ByRE/MAX ESCARPMENT REALTY INC.

Listing History

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  • 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%
$4,862
Property tax
$583
Heat allowance
$150
Housing costs
$5,595 / mo

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

Down payment20% · $189,980
25-yr amortization

Income needed

$172,000

gross annual household income

Payment at 4%
$3,997 / mo
Cash down
$189,980

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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