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Listed 8 days ago

2138 Highway No 2 Road

Rural Clarington, Clarington

$549,000

Detached|Bungalow
2 | 1 | 10
About this home

Power Of Sale - 1.28 Acres On Hwy 2 Just West Of Bowmanville. Perfect For Investor, Contractor Needing Space, Or Handy Buyers. Large Lot With Plenty Of Parking And Access To Large Workshop And Several Outbuildings. The Home Is Heated With Natural Gas, And Features 2 Bedrooms, 3-Piece Bathroom, Nice Size Kitchen, Bright Living/Dining Room, And Office. The House Does Need Renovations To Be Completed, However The Potential For This Property Are Endless!

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,068
Lot Size67 ft x 0 ft
mls© NumberE13832566
Listed ByCareer Real Estate Services Ltd.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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
$339
Heat allowance
$150
Housing costs
$3,299 / mo

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

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

Income needed

$102,000

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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