5659 Gilmore Road
Rural Clarington, Clarington
$2,695,000
Welcome to 5659 Gilmore Road! This 65 Acre Property Of Gently Rolling Land Includes 2 Fully Detached Homes And A Huge 60x40 Ft Heated Workshop With Attached 100x40 Ft Steel Barn. Spring Fed Pond & 50 Acres Of Rented Farmable Land. Primary Residence had 3+2 Generous Sized Bedrooms, High Ceilings, Large Windows, Wood Floors, Huge Cold Cellar, A Large Laundry/Mud Room. Heated Inground Pool. Secondary Residence Is a Very Charming 2+1 Bedroom, 2 Bathroom With Cozy Front Porch.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 3500-5000 sq. ft. |
| Property Tax | $14,810 |
| Lot Size | 0 ft x 0 ft |
| mls© Number | E12901886 |
| Listed By | CENTURY 21 PERCY FULTON LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $13,794
- Property tax
- $1,234
- Heat allowance
- $150
- Housing costs
- $15,178 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$467,000
gross annual household income
- Payment at 4%
- $11,341 / mo
- Cash down
- $539,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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