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Listed 4 months ago

38 Shelson Place

Sutton & Jackson's Point, Georgina

$892,831

Detached|Bungalow
2 | 2 | 4
About this home

New home to be built in the Hedge Road Landing Active Adult Community. The McRae, Elevation B 1517 sq ft. With reasonable monthly maintenance fees which include lawn maintenance and snow removal, a future private clubhouse and 20 x 40 in-ground pool to be constructed. An indirect waterfront property with 260 ft of private lakefront. Premium standard features including 9 ft ceilings, quartz counter tops, engineered hardwood flooring, smooth ceilings. Projected monthly maintenance to be $350.00 per month. For complete list see builder feature schedule. Paved driveway, and more! Cottage style bungalow, on a 40 ft lot. Superior design and spacious floor plans. Other models available. Reputable builder and registered with Tarion.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. AgeNew
Size1500-2000 sq. ft.
Property Tax---
Lot Size50 ft x 0 ft
mls© NumberN12953146
Listed ByRE/MAX ALL-STARS REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

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

Mortgage, tested at 6%
$4,570
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$4,720 / mo

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

Down payment20% · $178,566
25-yr amortization

Income needed

$145,000

gross annual household income

Payment at 4%
$3,757 / mo
Cash down
$178,566

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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