New3 days ago
218 Penn Avenue
Bristol-London, Newmarket
$539,000
Semi-Detached |Bungalow
3 | 1 | 2
About this home
Power of Sale Property. Sold AS IT IS.
Extras
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| Type | Semi-Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,451 |
| Lot Size | 32.35 ft x 95 ft |
| mls© Number | N13799998 |
| Listed By | AIMHOME REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,759
- Property tax
- $288
- Heat allowance
- $150
- Housing costs
- $3,196 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $107,800
25-yr amortization
Income needed
$98,000
gross annual household income
- Payment at 4%
- $2,268 / mo
- Cash down
- $107,800
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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