Listed 2 months ago
194 Martin Street
King City, King
$2,599,000
Detached|Bungalow
3 | 1 | 20
About this home
Prime 2 Acre Building Lot In King For Sale! Rare Opportunity For Custom Builder Or To Build Your Dream Home. Current Home was Rentable But Requires Improvement, 3 Bedroom Home. Potential for severance into 2 - 70 ft lots. Land Value Only!!
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Milad Momtaz Azad
(647) 510-8858
Julian Kashani
(416) 837-7775| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $7,950 |
| Lot Size | 143 ft x 615 ft |
| mls© Number | N13214106 |
| Listed By | INTERCITY 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 actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $13,303
- Property tax
- $662
- Heat allowance
- $150
- Housing costs
- $14,115 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $519,800
25-yr amortization
Income needed
$434,000
gross annual household income
- Payment at 4%
- $10,937 / mo
- Cash down
- $519,800
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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