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Listed 21 days ago

42 Lucas Road

St. Thomas, St. Thomas

$643,713

Detached|2-Storey
3 | 3 | 4
About this home

****UNDER CONSTRUCTION *****NEW HST HOUSING REBATE IN EFFECT TO QUALIFIED BUYERS . Listing Price reflects the Builder $35,000.00 Builder Bonus and the HST/GST new construction Rebate . This is the Atlantic Modern Farmhouse design Plan by Palumbo. Homes in ST Thomas. Other virtual tours of 4 bedroom plans avail to view on Palumbo homes website. palumbohomes.ca Great curb appeal in this Atlantic plan , 3 bedroom home. Modern in design and light and bright with large windows throughout. Standard features include 9 foot ceilings on the main level with 8 ft. interior doors, 10 pot lights, gourmet kitchen by Casey's Kitchen Designs with quartz countertops, large Island, and pantry. Large Primary bedroom with spa ensuite to include, large vanity with double undermount sink, quartz countertops, free standing tub and large shower with spa glass enclosure. Large walk in closet . All standard flooring is Stone Polymer 7 inch wide plank flooring throughout every room. Mudroom has built in bench . Farm house front elevation features James Hardie composite siding and brick and paver stone driveway. . Please see info on palumbohomes.ca Manorwood Sales package available in attachments tab. Brochure and feature sheet in the attachments tab. VIRTUAL TOUR IS OF PRIOR MODEL WITH SIMILAR UPGRADES . NO Model Home to show !!!! Opening in Mid September , !!!ONLY Three Standard Lots REMAINING!!!!!!!

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNew
Size2000-2500 sq. ft.
Property Tax---
Lot Size40 ft x 105.2 ft
mls© NumberX13677422
Listed BySUTTON GROUP - SELECT REALTY

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 estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,295
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$3,445 / mo

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

Down payment20% · $128,743
25-yr amortization

Income needed

$106,000

gross annual household income

Payment at 4%
$2,709 / mo
Cash down
$128,743

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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