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New2 hours ago

2040 Lumberman Lane

1007 - GA Glen Abbey, Oakville

$1,299,000

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

Elegant detached home located in one of the top rated schools neighbourhood. Set on a wide corner lot, this property offers ample parking and plenty of outdoor space for your family to enjoy. Step inside to an impressive open-to-above foyer that creates a bright and welcoming first impression. The spacious family room features a separate area that can be used as a home office, formal living room, or additional sitting area to suit your lifestyle. The well-appointed kitchen boasts stainless steel appliances and abundant cabinetry. Upstairs, you'll find three generously sized bedrooms and two full bathrooms, providing comfort and convenience for the entire family. The lower level is a standout feature, offering a separate side entrance and walkout access to the backyard. This apartment-style space includes a separate laundry, bedroom, full bathroom, and kitchen, presenting excellent potential for extended family living or additional rental income. Enjoy added peace of mind with an energy efficient heat pump, furnace and tankless water heater system less than a year old. House is equipped with modern zebra blinds & a storage shed in the backyard. A wonderful opportunity to own a versatile family home in a desirable school neighbourhood, combining comfortable living & functional space.

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agent
Macallum Tepsich
(647) 326-2579
TypeLink
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$5,446
Lot Size30 ft x 111.73 ft
mls© NumberW14133070
Listed ByRE/MAX SKYWAY REALTY INC.

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%
$6,649
Property tax
$454
Heat allowance
$150
Housing costs
$7,253 / mo

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

Down payment20% · $259,800
25-yr amortization

Income needed

$223,000

gross annual household income

Payment at 4%
$5,466 / mo
Cash down
$259,800

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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