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Port Perry, Scugog
$1,800,000
Oversized Italian style Bungalow with residential/ commercial zoning (C6); Fenced and Gated. Being sold as a single entity with commercial building attached for the same price. 4 Bedrooms, 4 Washrooms, 2 kitchens, Family room, fireplace, Separate entrance to basement and indoor pool. Tandem garage can fit 2 vehicles. Over $200k spent on upgrades and improvements; New roof, New water softener, new UV water treatment unit, New New Bathrooms, upgraded kitchens, New stairs, New flooring, New pot lights, **Great for end user to live and work from home or as an investment. ** Total rent for both properties $10,900. Per mth , Tenants pay individual Hydro. ** Shop next has 4 offices, 2 Washrooms, 30 parking spots and separate commercial driveway- currently being used as auto parts distribution centre. ** 2 Wells, 2 Septic, 2 driveway ** 0.84 Acres can be redeveloped into an income machine. **C-6 Zoning allows for mixed use residential/ Automotive and Trades; Electrician, Carpenter, plumber etc.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $12,251 |
| Lot Size | 240 ft x 152 ft |
| mls© Number | E13084814 |
| Listed By | VERTICAL MARKETING REALTY |
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%
- $9,213
- Property tax
- $1,021
- Heat allowance
- $150
- Housing costs
- $10,384 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$320,000
gross annual household income
- Payment at 4%
- $7,575 / mo
- Cash down
- $360,000
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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