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New3 hours ago

294 Felan Avenue

1002 - CO Central, Oakville

$975,000

Detached|Bungalow
2 | 2 | 3
About this home

This well loved family home is ready for its new owners to bring their own personal vision and creation to the home and property. Offering solid construction and a great template to work with, and situated on a quiet street in the heart of the trendy Kerr Street Village. Walk to nearby schools, parks and shopping. Easy access to the Oakville Go Station for commuters. The large lot creates a wonderful sense of space and privacy. The home, contents and property are being sold in "As Is" condition.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,740
Lot Size50 ft x 115 ft
mls© NumberW13863706
Listed ByRoyal LePage Real Estate Services Ltd., Brokerage

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%
$4,990
Property tax
$395
Heat allowance
$150
Housing costs
$5,535 / mo

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

Down payment20% · $195,000
25-yr amortization

Income needed

$170,000

gross annual household income

Payment at 4%
$4,103 / mo
Cash down
$195,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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