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Listed 1 month ago

23471 Woodbine Avenue

Keswick South, Georgina

$1,150,000

Detached|Bungalow
3 | 2 | 10
About this home

**SELLING FOR LAND VALUE ONLY - FOR RE-DEVELOPMENT FOR BUSINESS USE According To New Zoning (see Offer Remarks).** In rapidly growing Town of Keswick. Existing 3 Bedrm House As Is, Where Is. Unused Pool As Is, Where Is. Presently Tenanted. 75 X 200 Ft Lot As Per Geowarehouse. Lots Of Exposure For Business. Located In Heart Of Town, Keswick Business Park, Across From Wal-Mart Shopping Centre, restaurants, All Major Banks, and walking distance to New state-of-the-art Multi-Use Recreational Centre (see gallery). Close Access To Hwy #404. Surrounded By New Residential And Commercial Development. ~~~Town offers Rebates for Development Applications: https://www.georgina.ca/doing-business/economic-development/development-application-fee-rebate-program

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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
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,473
Lot Size75 ft x 200 ft
mls© NumberN13486996
Listed ByRCL REALTY INC.

Listing History

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

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What the bank counts

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

Mortgage, tested at 6%
$5,886
Property tax
$289
Heat allowance
$150
Housing costs
$6,326 / mo

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

Down payment20% · $230,000
25-yr amortization

Income needed

$195,000

gross annual household income

Payment at 4%
$4,839 / mo
Cash down
$230,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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