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New5 days ago

530 Glen Forrest Boulevard

, Waterloo

$500,000

Detached|Bungalow-Raised
5 | 2 | 2
About this home

Welcome to 530 Glen Forrest Boulevard, Waterloo! Located in the established Lakeshore Village neighbourhood, this property offers an exciting opportunity for first-time home buyers looking for a mortgage helper or investors seeking a multi-unit income property. With a versatile layout featuring 3 bedrooms on the main level, plus additional living space in the basement with a separate entrance, there is plenty of potential to explore. Whether you're looking to offset your mortgage with rental income, accommodate extended family, or add to your investment portfolio, this property offers flexibility to suit your needs.Enjoy the convenience of a central Waterloo location, close to schools, parks, shopping, public transit and everyday amenities. With easy access to major commuter routes and the expressway, getting around Waterloo Region is simple. The established neighbourhood, practical location and potential for multiple living arrangements make this a fantastic opportunity for buyers looking to get into the market or investors looking for their next project. Don't miss your chance to make the most of all this property has to offer!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,302
Lot Size105.63 ft x 65.44 ft
mls© NumberX14081728
Listed ByREAL BROKER ONTARIO 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%
$2,559
Property tax
$275
Heat allowance
$150
Housing costs
$2,984 / mo

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

Down payment20% · $100,000
25-yr amortization

Income needed

$92,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$100,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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