Find Comfort and Style in This 3+1 Bedroom Backsplit with Spacious Layout & Storage– A Perfect Family Home!
Main Highlights:
- Listed Price: $ 700,000
- Raised brick bungalow with 6 bedrooms and 2 bathrooms
- Eat-in kitchen with stainless steel appliances
- Triple-wide stamped concrete driveway
- New furnace (2020)
- Fully finished basement with 4th bedroom and utility room
- Fully fenced yard with convenient shed for extra storage
Key Facts:
- Annual Tax: $4, 366 / 2024
- Property Type: Single Family Residence, Backsplit
- Year Built:1988
- Size:1703.63 feet²
- Lot Dimensions: 48 x 106 feet
- Parking: 1 garage, 3 parking
- Basement: Finished
Our Take – Why do we think this is a good deal?
This is a good deal because the property offers over 2,300 sq ft of living space, 3+1 bedrooms, 2 full bathrooms, a fully finished basement, an updated furnace (2020), a spacious family room with a gas fireplace, a fully fenced yard, and a triple-wide stamped concrete driveway—all located in a fantastic neighbourhood.
Numbers are given below –
How much it will cost you to buy this property?
If you plan to buy this property and lock the deal below 3% of the current listing price, you will need about $143K to cover all closing costs. Below is a detailed cost breakdown:
Buying Price | 678,709 |
Down Payment (20%) | 135,742 |
Closing fees (Approx.) | 7,835 |
Total Funds required at closing | 143,576 |
How much will it cost you monthly to hold this property?
If the mortgage interest rate is approximately 5% and the amortization period spans 25 years, your monthly mortgage payment would be around $ 3,230 to maintain ownership of this property. Here’s a detailed breakdown:
Mortgage Payment | 2,866 |
Property Taxes (Approx.) | 364 |
Condo fee | 0 |
Total monthly cost | 3,230 |
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