About this propertyMLS® 1304947
Move In Before Christmas! Brand-New Bungalow with a $10,000 Appliance Package Included! Why wait to build when your brand-new home is ready for you now? Celebrate Christmas in this beautifully crafted 2-bedroom, 2-bathroom bungalow by Norman's New Home Construction Ltd., ideally situated on a desirable greenbelt lot. This move-in-ready home offers a bright, open-concept design featuring a stunning custom kitchen with ceiling-height cabinetry, a large centre island, stylish backsplash, and spacious walk-in pantry. The primary bedroom features a walk-in closet and beautiful ensuite complete with a custom tiled shower and glass doors. Pot lighting throughout adds a modern touch, while the basement offers laundry space and excellent potential for future development. Enjoy your morning coffee on the welcoming front patio or unwind on the 12' x 10' rear patio overlooking the peaceful greenbelt. As an added bonus, this home now includes a $10,000 appliance package! With construction complete and immediate occupancy available, you could be celebrating the holidays in your beautiful new home. No construction delays, no waiting — just move in and enjoy! HST included in the purchase price. The applicable existing new housing rebate is to be assigned to the builder on closing. Eligible first-time homebuyers may also qualify for the new federal First-Time Home Buyers' GST/HST Rebate, providing potential additional savings. Eligibility and rebate amounts are subject to CRA requirements. (id:56688)
Property details
Coordinates: [47.466027, -53.073355]
Rooms
| Basement | Laundry room | |
| Main level | Bath (# pieces 1-6) Bedroom Ensuite Primary Bedroom Living room Dining nook Not known Kitchen Porch | 3pc 10.6x10 null 3pc 12x10.6 null 14.6x13 null 9x13 null 6.6x4 null 10x13 null 10x5 null |
Basic Calculator
First Mortgage: $340,000
Mortgage insurance premium: $0
Total Financing: $340,000
Rough closing fee (1.5%): ~ $6,375
Total downpayment with estimated closing fee: $91,375
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,425 | $29,100 |
| Gross rental income (income/principal ratio) | 0.571% | 6.847% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $532 | $6,384 |
| Vacancy | $122 | $1,455 |
| Management Fee | $194 | $2,328 |
| Expense / Income Ratio | 21.94% | 21.94% |
| Cash Flow | $1,578 | $18,936 |
| Net Operating Income (NOI) | $1,578 | $18,936 |
| Capitalization Rate | 0.37% | 4.46% |
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