62 Simcoe Road
Brechin, Ramara
$1,388,000
Brand New Home With Direct Water Access From Backyard. Situated On A Large Waterfront Lot In Lagoon City W/Double Car Garage & Long Driveway For All Your Guests! Insulated with spray foam from topo to bottom. Metal Roofing with blue skin under. Breathtaking "Open To Above" Design And "No Expenses Spared". This Full Turn Key Solution Includes All Furnishings For You To Enjoy Immediately. Be sure to watch the cinematic video tour to fully experience the home's stunning design: http://triplusstudio.com/showroom/62-simcoe-road-ramara
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | New |
| Size | 2500-3000 sq. ft. |
| Property Tax | $7,264 |
| Lot Size | 50 ft x 200 ft |
| mls© Number | S13560314 |
| Listed By | HOMELIFE NEW WORLD 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%
- $7,104
- Property tax
- $605
- Heat allowance
- $150
- Housing costs
- $7,860 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$242,000
gross annual household income
- Payment at 4%
- $5,841 / mo
- Cash down
- $277,600
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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