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New3 days ago

2450 Woodward Avenue

Brant, Burlington

$699,900

Detached|Bungalow
2 | 1 | 4
About this home

Spectacular location in the Core area of Burlington. This home features an oversized lot - 75 foot frontage by 100 foot depth, ideal for redevelopment or reconstruction. Walk to mall, YMCA, library, and major highway access. A large garden, 4 car parking & garage/workshop. This home is priced to sell and can be updated or your dream home can be built on this lot. Fantastic Opportunity!! **INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$5,168
Lot Size75 ft x 100 ft
mls© NumberW13853196
Listed ByRE/MAX REAL ESTATE CENTRE INC.

Listing History

  • No recent sale history for this listing.
  • 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%
$3,582
Property tax
$431
Heat allowance
$150
Housing costs
$4,163 / mo

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

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

Income needed

$128,000

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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