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New2 days ago

165 Mcgarry Drive

, Kitchener

$699,900

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

Lovingly maintained by its original owner, this four-bedroom family home in desirable Forest Heights has over 2,200 square feet of living space. A charming, tumbled brick front porch welcomes you inside, where you'll discover plenty of original hardwood and thoughtful updates. An impressive family room addition features soaring ceilings, a dramatic floor-to-ceiling gas fireplace, and spectacular backyard views. A very private rear patio invites you to relax and entertain surrounded by a beautiful landscaping and spectacular gardens. The family-friendly mudroom provides a convenient drop zone for backpacks, boots and everyday essentials, while downstairs, the spacious rec room is perfect for family gatherings, movie nights and entertaining. Two dedicated workshops provide excellent versatility, with plenty of space for your hobbies and projects. This home has been exceptionally well maintained and most windows have been updated. Set in a mature and established neighbourhood, this home is exceptionally well located close to schools and parks, with plenty of nearby shopping and easy expressway access. With great fundamentals, generous living areas, a private backyard and opportunities to add your personal touches, this wonderful family home is ready for its next chapter!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$4,485
Lot Size45 ft x 115 ft
mls© NumberX14087518
Listed ByRE/MAX TWIN CITY 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%
$3,582
Property tax
$374
Heat allowance
$150
Housing costs
$4,106 / mo

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

Down payment20% · $139,980
25-yr amortization

Income needed

$126,000

gross annual household income

Payment at 4%
$2,945 / mo
Cash down
$139,980

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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