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Price Change$504,900

3 Margaret Street

St. Thomas, St. Thomas

$474,900

Detached|2 1/2 Storey
5 | 2 | 3
About this home

Location, Location! This beautiful 2.5 storey century home is located in the sought after courthouse district and ready to be enjoyed by the whole family. With ravine views from the covered front porch as you enter the home you are welcomed by hardwood floors throughout the generous sized living room complete with gas fireplace leading to the formal dining room and updated GCW kitchen as well as heated mudroom. The second floor is home to 4 bedrooms and a 4 pc bathroom and leads to the 5th bedroom on the third floor feeling more like a private suite with its own heat pump installed proving heat and air conditioning. The basement is unfinished with laundry and storage space. "While this home doesn't have a backyard, it makes up for it with its spacious interior, charming character, and park-like green space just steps away."

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2 1/2 Storey
Approx. Age100+
Size1500-2000 sq. ft.
Property Tax$3,237
Lot Size31.99 ft x 75 ft
mls© NumberX13424602
Listed ByRE/MAX CENTRE CITY REALTY INC.

Listing History

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

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$2,431
Property tax
$270
Heat allowance
$150
Housing costs
$2,851 / mo

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

Down payment20% · $94,980
25-yr amortization

Income needed

$88,000

gross annual household income

Payment at 4%
$1,998 / mo
Cash down
$94,980

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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