59 3RD Avenue SW
Arran-Elderslie, Arran-Elderslie
$265,000
Amazing opportunity in Chesley! 2 bed 2 bath renovated home has a logical floorplan and details that make the most of the approximately 1100sqft space - upgraded kitchen, 2 upgraded bathrooms, plenty of closets and built in storage, main floor laundry, side mud room and enclosed front porch. 1 car detached garage currently used as additional storage space, has potential to convert into a home office, hobby space, or back into a garage.
No extras listed.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 100+ |
| Size | 700-1100 sq. ft. |
| Property Tax | $1,572 |
| Lot Size | 50 ft x 53 ft |
| mls© Number | X13576116 |
| Listed By | Wilfred McIntee & Co Limited |
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%
- $1,356
- Property tax
- $131
- Heat allowance
- $150
- Housing costs
- $1,637 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$50,000
gross annual household income
- Payment at 4%
- $1,115 / mo
- Cash down
- $53,000
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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