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Woburn, Toronto
$849,000
Welcome to 39 Wantanopa Cres! This well maintained bungalow has been proudly cared for over 50 years by the original owner. Offering 3 bedrooms, an L-shaped living and dining room with a beautiful bow window and an eat in kitchen with walk out to the private back deck. The finished basement features a spacious recreation room with a dry bar and decorative brick wall in addition to a large laundry/storage area. This home is situated on a 50 x 100 ft lot surrounded by beautiful, established gardens. Enjoy the convenience of a garage with loads of storage and a private double driveway. This is a wonderful opportunity to own a solid, long loved home with plenty of potential to make it your own. Close to schools, public transit, shopping and more.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,346
- Property tax
- $359
- Heat allowance
- $150
- Housing costs
- $4,855 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$149,000
gross annual household income
- Payment at 4%
- $3,573 / mo
- Cash down
- $169,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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