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Listed 2 months ago

14 Tower Road

Arran-Elderslie, Arran-Elderslie

$599,995

Detached|Sidesplit 3
3 | 2 | 8
About this home

A updated four bedroom home located in a desirable neighbourhood of Chesley, adjacent to parkland for family fun. This property offers a deep partially treed lot with outdoor storage sheds and space for children to play. Stepping inside you will be impressed with the bright, spacious main level with updated kitchen cabinetry, stainless appliances and coffee bar. The dining room has a patio door opening to a multi-tiered deck for outdoor entertaining. The upper level offers 3 bedrooms with the primary bedroom accessing the main bath. Heading to the lower level you will find a renovated rec-room with electric fireplace and 3 pc bath, along with a guest bedroom/den. The basement offers space for storage and the laundry / furnace room. This home is perfect for a growing family. Be sure to book your appointment today!

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeDetached
StyleSidesplit 3
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,282
Lot Size80 ft x 150 ft
mls© NumberX13500324
Listed ByChestnut Park Real Estate

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%
$3,071
Property tax
$357
Heat allowance
$150
Housing costs
$3,578 / mo

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

Down payment20% · $119,999
25-yr amortization

Income needed

$110,000

gross annual household income

Payment at 4%
$2,525 / mo
Cash down
$119,999

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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