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Listed 2 months ago

390 Main Street

Schomberg, King

$1,950,000

Detached|2-Storey
7 | 5 | 18
About this home

MUST BE SEEN! Wonderfully decorated and updated throughout, just the right touch of modern and charming. Great opportunity for extended family or investment, live in one half and rent the other half. TWO...main floor Kitchens, living rooms, dining rooms, 2 Main floor laundry rooms, and seven bedrooms upstairs! Majestic over one-acre manicured lot with large Eating and Entertaining area/Patio and gardens, lot backs onto protected land No homes behind! Walk to quaint shops, restaurants/patios on Historic Main Street. The home is currently being used as a single-family dwelling; however, it can easily be used as two separate homes with two front and back entrances. Many Possibilities.

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. Age100+
Size3500-5000 sq. ft.
Property Tax$7,454
Lot Size93.73 ft x 538 ft
mls© NumberN13428844
Listed ByRE/MAX HALLMARK YORK GROUP REALTY LTD.

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%
$9,981
Property tax
$621
Heat allowance
$150
Housing costs
$10,752 / mo

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

Down payment20% · $390,000
25-yr amortization

Income needed

$331,000

gross annual household income

Payment at 4%
$8,206 / mo
Cash down
$390,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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