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New4 days ago

40 SCHREYER Drive

St. Thomas, St. Thomas

$529,900

Detached|Bungalow
2 | 2 | 3
About this home

Welcome to 40 Schreyer Drive, a charming detached bungalow in the desirable Lake Margaret area. This inviting home offers 2 bedrooms and a full bathroom on the main floor, along with a bright kitchen featuring a walkout to the deck and fully fenced backyard-perfect for relaxing or entertaining.The main floor has been freshly painted and offers comfortable, functional living space, while the finished basement provides additional room for family, hobbies, a home office, or whatever suits your needs. A single-car garage adds convenience and storage, and the newer roof (2021) provides added peace of mind.Situated in a mature, welcoming neighbourhood, you'll enjoy walking trails just steps from your door and the natural beauty of Lake Margaret nearby. With its great location, flexible living space, and move-in-ready appeal, this bungalow is well worth a look!

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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
Size700-1100 sq. ft.
Property Tax$3,565
Lot Size57.58 ft x 110.09 ft
mls© NumberX13727072
Listed ByELGIN REALTY LIMITED

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%
$2,712
Property tax
$297
Heat allowance
$150
Housing costs
$3,159 / mo

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

Down payment20% · $105,980
25-yr amortization

Income needed

$97,000

gross annual household income

Payment at 4%
$2,230 / mo
Cash down
$105,980

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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