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Listed 12 days ago

82 Norfolk Avenue

, Cambridge

$449,900

Detached|Bungalow
2 | 1 | 2
About this home

This 2-bedroom, 1-bathroom bungalow sits on a generous 46 x 110 ft lot featuring an updated eat-in New kitchen, cozy family room. Fully fenced, mature backyard that offers a cottage-like setting. Proximity to schools, parks, shopping, and a proposed LRT stop.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,024
Lot Size45.95 ft x 110 ft
mls© NumberX13823588
Listed ByHOMELIFE/MIRACLE REALTY LTD

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$2,303
Property tax
$252
Heat allowance
$150
Housing costs
$2,705 / mo

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

Down payment20% · $89,980
25-yr amortization

Income needed

$83,000

gross annual household income

Payment at 4%
$1,893 / mo
Cash down
$89,980

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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