699 Castleguard Crescent
Roseland, Burlington
$1,050,000
Quality throughout this Raised bungalow home located in south Burlington. Updated top to bottom (2017 - 2019). Bright open concept. Kitchen with ample cupboard space, back splash. Sliding door leads deck and back yard. L shaped living room and dining room. Pot lighting. Crown moulding. 2+1 bedrooms. Walk-in laundry and dressing room with pocket door, built in wardrobe and storage. 2 full bathrooms. Rec room with fireplace. Second kitchen in lower level. Sound insulation between main and lower levels. Potential for in-law or nanny suite. Mature landscaped yard, Deck with metal railing. Minutes to you "name it".
No extras listed.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,374
- Property tax
- $415
- Heat allowance
- $150
- Housing costs
- $5,939 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$183,000
gross annual household income
- Payment at 4%
- $4,419 / mo
- Cash down
- $210,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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