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New3 days ago

116 Ann Street

Shelburne, Shelburne

$549,000

Detached|2-Storey
3 | 1 | 5
About this home

Welcome to 116 Ann Street! This solid detached home is ideally situated on an impressive lot in a mature and established Shelburne neighbourhood. Offering great curb appeal, mature trees, a huge backyard and an abundance of potential, this is an excellent opportunity for first-time buyers, families or investors looking for a property they can personalize and build equity in. The main level features a spacious living room with plenty of room for comfortable family living along with a functional kitchen open to the dining area. Upstairs, you'll find 3 good-sized bedrooms, including a primary bedroom with double closets, plus a 4-piece bathroom with newer vanity. The partially finished lower level adds valuable flexibility, featuring an additional bedroom, open recreation room and wet bar that could potentially be converted to a kitchen area. A rough-in for a 3-piece bathroom is also in place, creating exciting potential for an in-law suite or additional living space or teen retreat. Outside is where this property truly shines! The exceptional 77 x 100 ft lot offers an enormous backyard with mature trees and plenty of space for children, pets, gardening, entertaining or simply enjoying the outdoors. The large 12 x 15 ft deck provides the perfect spot for summer BBQs, morning coffee or relaxing with family and friends. A covered front porch adds charm and creates a welcoming entrance. Parking is plentiful with a 4-car driveway plus a 1-car garage. Newer siding, roof, soffits and eavestroughs are important exterior updates and add to the home's appeal. This is a fantastic opportunity to own a detached home on a rare, generously sized lot in a mature Shelburne setting. 116 Ann offers tremendous potential for those willing to do a little work and bring their vision. Move in and improve over time, create additional living space, or explore the investment possibilities. Don't miss the opportunity to make this property your own!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,719
Lot Size77 ft x 100 ft
mls© NumberX14080188
Listed ByROYAL LEPAGE RCR 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%
$2,810
Property tax
$310
Heat allowance
$150
Housing costs
$3,270 / mo

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

Down payment20% · $109,800
25-yr amortization

Income needed

$101,000

gross annual household income

Payment at 4%
$2,310 / mo
Cash down
$109,800

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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