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New1 hour ago

53 3rd Street S

Arran-Elderslie, Arran-Elderslie

$399,900

Detached|1 1/2 Storey
3 | 2 | 2
About this home

Welcome to this charming 3-bedroom, 2-full-bath home ideally situated on a corner lot in a quiet Chesley neighbourhood. Lovingly maintained by the same family for over 40 years, this home offers a great combination of comfort, convenience and value, as this home is an excellent opportunity for first-time buyers looking to enter the market. The kitchen and bathrooms have been modernized, while the steel roof provides added peace of mind. With parking for two cars and a location within a short walk of downtown, the school and community centre, everyday amenities and community activities are right at your doorstep. Whether you're starting out or looking for an affordable move-in-ready home, this property is well worth a look!

Extras

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  • Sun, Sep 13

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Got questions?

Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeDetached
Style1 1/2 Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$2,000
Lot Size47.03 ft x 86.06 ft
mls© NumberX13767306
Listed ByRE/MAX Grey Bruce Realty Inc.

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%
$2,047
Property tax
$167
Heat allowance
$150
Housing costs
$2,364 / mo

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

Down payment20% · $79,980
25-yr amortization

Income needed

$73,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$79,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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