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New2 days ago

251 Third Line

1017 - SW Southwest, Oakville

$1,399,000

Detached|Sidesplit 4
4 | 2 | 5
About this home

This bright four-level sidesplit offers over 2,200 sq. ft. of total living space, with 4 bedrooms, 2 full baths and finished lower levels. Recently updated, it features new laminate flooring, fresh paint, new lighting and custom roller shades throughout, with natural light in every room.Outside, the deep, tree-lined backyard provides natural privacy, an in ground pool and tons of space for outdoor living. Set on an expansive 81' x 140' lot in an established neighbourhood of multi-million-dollar custom homes, 251 Third Line is an exceptional opportunity to create that custom home or set root now and build later. All amenities are steps away at South Oakville Centre, with Metro, Winners, LCBO, shopping and essential services close at hand. Lake Ontario, Coronation Park's waterfront, playgrounds and splash pad, and Woodside Library are nearby, along with top ranked schools and convenient QEW access. . Zoned RL2-0, the approximately 1,057 sq. m. lot offers potential for a custom home with approximately 4,209 sq. ft. above grade, plus up to 484 sq. ft. of garage space, based on a maximum residential floor area ratio of 37%, subject to applicable zoning requirements and municipal approvals.Room for your family today, and the opportunity to build your dream home for tomorrow. Some photos have been virtually staged.

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nest zoom realty
(416) 276-9973
TypeDetached
StyleSidesplit 4
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,510
Lot Size81 ft x 140 ft
mls© NumberW14032568
Listed ByROYAL LEPAGE SIGNATURE REALTY

Listing History

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  • 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%
$7,161
Property tax
$543
Heat allowance
$150
Housing costs
$7,853 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $279,800
25-yr amortization

Income needed

$242,000

gross annual household income

Payment at 4%
$5,887 / mo
Cash down
$279,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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