4011 Millar Crescent
Rural Burlington, Burlington
$1,650,000
Incredible opportunity to own over 7 beautiful acres in North Burlington. This private property is only minutes from all amenities. Currently there are plans for a new home to be constructed with approval form various authorities, the plans can be assumed. The current home could be renovated or demolished and a new home built, this is great value for a estate lot that overlooks Burlington.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $8,990 |
| Lot Size | 1419 ft x 500 ft |
| mls© Number | W12435206 |
| Listed By | RE/MAX ESCARPMENT REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $8,445
- Property tax
- $749
- Heat allowance
- $150
- Housing costs
- $9,345 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$288,000
gross annual household income
- Payment at 4%
- $6,943 / mo
- Cash down
- $330,000
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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