New2 hours ago
Lot 80 - 12 Damara Road
Rural Caledon, Caledon
$979,990
Detached|2-Storey
4 | 3 | 2 | 0
About this home
LISTED MLS Pricing is PURCHASE PRICE NET OF HST REBATE ** If Qualified and applicable. Inventory Home Quick Move In Ready 30-60 Days. 4 Bedroom, 2.5 Bathroom, Hardwood Throughout, Smooth Ceilings, Potlights, Stone Counters, ** No Sidewalk and backing onto field of future school.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | New |
| Size | 1500-2000 sq. ft. |
| Property Tax | --- |
| mls© Number | W13768340 |
| Listed By | INTERCITY REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's estimated carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,016
- Property tax (estimated)
- $0
- Heat allowance
- $150
- Housing costs
- $5,166 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $195,998
25-yr amortization
Income needed
$159,000
gross annual household income
- Payment at 4%
- $4,124 / mo
- Cash down
- $195,998
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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