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Price Change$714,000

42200 McBain Line

Rural Central Elgin, Central Elgin

$675,000

Detached|Bungalow
2 | 3 | 3
About this home

HST Removed! Move-in ready and ideal for young families or empty nesters, The Rumford bungalow by Hayhoe Homes features 3 bedrooms (2+1), 3 bathrooms, and a 1.5-car garage in a well-designed, open-concept layout. The main floor offers 9' ceilings and luxury vinyl plank flooring (as per plan), with a stylish kitchen that includes quartz countertops, a tile backsplash, and central island flowing into the great room with patio door to a rear deck complete with BBQ gas line. The primary suite features a walk-in closet and a 3-piece ensuite with shower. A second bedroom, a full bathroom, and convenient main floor laundry round off the main floor. The finished basement adds a spacious family room, 3rd bedroom, and bathroom with development potential for a future 4th bedroom. Additional highlights include a covered front porch, central air & HRV system, Tarion New Home Warranty, and numerous upgrades throughout. Taxes to be assessed.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. AgeNew
Size1100-1500 sq. ft.
Property Tax---
Lot Size48.4 ft x 103.8 ft
mls© NumberX12964998
Listed ByELGIN REALTY LIMITED

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$3,455
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$3,605 / mo

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

Down payment20% · $135,000
25-yr amortization

Income needed

$111,000

gross annual household income

Payment at 4%
$2,841 / mo
Cash down
$135,000

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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