8584 Trafalgar Road
1049 - Rural Halton Hills, Halton Hills
$9,950,000
Excellent opportunity to purchase 14 acres of New Employment Land with 595 Feet of frontage on Trafalgar. Road just North of Hwy 401, 407, and the Toronto Premium Outlet Mall. The property is within the Urban Boundary (ROPA 49) which the province has designated a New Employment Area and is near many Major Developer-held lands. There is a 1,800 Sq. Ft. 3-bedroom residential home on the property that is currently tenanted. VTB mortgage is available. **EXTRAS** Legal Description: PART LOT 3, CON 7 ESQ, AS IN 548383 EXCEPT PART 1 20R21720 TOWN OF HALTON HILLS.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | < 700 sq. ft. |
| Property Tax | $7,769 |
| Lot Size | 595.87 ft x 1060.4 ft |
| mls© Number | W9368661 |
| Listed By | LEE & ASSOCIATES COMMERCIAL REAL ESTATE INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $50,929
- Property tax
- $647
- Heat allowance
- $150
- Housing costs
- $51,726 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$1,592,000
gross annual household income
- Payment at 4%
- $41,871 / mo
- Cash down
- $1,990,000
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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