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Price Change$1,099,000

4 3rd Side Road S

1035 - OM Old Milton, Milton

$995,000

Detached|2-Storey
5 | 3 | 4
About this home

Discover an exceptional opportunity in the thriving community of Milton Heights ! Own a rare 1/3 Acre Lot across from Kelso ! Ideal for a live in, investment or development opportunity in growing Milton .Benefit from flexible zoning, allowing for potential land assembly or a custom home. Potential rental income from upper and lower units. Enjoy the convenience of nearby schools, shopping, dining, and entertainment. Easy Access To Major Highways, Public Transportation and GO transit. The property includes a spacious backyard, an over-sized shed perfect for various uses including a workshop or storage for trailers, small boats, motorcycles, seadoos, lawn tractor, etc. Create a backyard oasis with ample space for a pool, cabana, hot tub, fire pit, etc. Parking for four cars in the driveway! Experience the best of urban living in a growing neighborhood ! Don't miss out on this one of a kind property !

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. Age51-99
Size2500-3000 sq. ft.
Property Tax$4,395
Lot Size126 ft x 108 ft
mls© NumberW13719638
Listed ByCIRCLE REAL ESTATE

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,093
Property tax
$366
Heat allowance
$150
Housing costs
$5,609 / mo

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

Down payment20% · $199,000
25-yr amortization

Income needed

$173,000

gross annual household income

Payment at 4%
$4,187 / mo
Cash down
$199,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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