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New2 days ago

837 Montsell Avenue

Historic Lakeshore Communities, Georgina

$639,000

Detached|Bungalow
3 | 1 | 6
About this home

Welcome To Life By The Lake! Located Just Steps From The Shores Of Lake Simcoe In The Quiet Community Of Willow Beach, This Bright 3-Bedroom Bungalow Is A Great Opportunity For First-Time Buyers, Downsizers Or Anyone Looking For A Little More Yard Space And A Slower Pace Of Life. Inside, You'll Find A Functional Open-Concept Layout With A Spacious Living And Dining Area, Plenty Of Natural Light And A Cozy Gas Fireplace. Outside Is Where This Property Really Stands Out. Set On A Huge 50' X 243' Lot With Room To Grow, The Backyard Offers Plenty Of Room For Entertaining, Gardening, Kids, Pets Or Simply Enjoying Your Own Private Outdoor Space. With Tons Of Room For Parking, A Lot Size You Can Grow Into And One-Level Bungalow Living, The Home Offers Plenty Of Everyday Practicality. Located Close To Lake Simcoe, Parks, Beaches, Public Transit And Local Amenities, While Still Being Just A Short Drive To Keswick / 1hr To The GTA. This Is A Great Chance To Get Into A Detached Home And Enjoy Everything The Lake Simcoe Lifestyle Has To Offer.

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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
Size1100-1500 sq. ft.
Property Tax$3,804
Lot Size50 ft x 243 ft
mls© NumberN13795332
Listed ByLPT 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%
$3,271
Property tax
$317
Heat allowance
$150
Housing costs
$3,738 / mo

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

Down payment20% · $127,800
25-yr amortization

Income needed

$115,000

gross annual household income

Payment at 4%
$2,689 / mo
Cash down
$127,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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