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Listed 21 days ago

1031 Metro Road

Historic Lakeshore Communities, Georgina

$949,000

Detached|Bungalow
3 | 2 | 8
About this home

Great opportunity to own a rare ranch-style bungalow, ideally located just a five-minute walk from Lake Simcoe. The property features a four-car tandem garage, a circular driveway with separate entrance and exit, municipal water and sewers, and 200-amp electrical service.Enjoy a private, park-like setting with a fully fenced yard and forest views along the rear, south, and west sides of the property. Move in and enjoy as-is, or renovate as much or as little as you wish to create your dream home. A truly unique property with exceptional potential and privacy-this is a rare find!

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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. Age51-99
Size1500-2000 sq. ft.
Property Tax$3,784
Lot Size100 ft x 175 ft
mls© NumberN13564110
Listed ByREMAX YOUR COMMUNITY 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%
$4,857
Property tax
$315
Heat allowance
$150
Housing costs
$5,323 / mo

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

Down payment20% · $189,800
25-yr amortization

Income needed

$164,000

gross annual household income

Payment at 4%
$3,994 / mo
Cash down
$189,800

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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