Listed 4 months ago
874 Yonge Street N
Midland, Midland
$1,090,000
Detached|1 1/2 Storey
2 | 1 | 3
About this home
2 bedroom home situation on 2.03 acres. Potential for the back part of the property to be severed. It is approximately 157' wide and 487' deep and is zoned R3H. The property would be good for a developer to do a land assembly for a residential development. It would be an extension of Cook Drive possibly over to Hartman Drive.
Extras
No extras listed.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $2,986 |
| Lot Size | 75 ft x 630 ft |
| mls© Number | S13535028 |
| Listed By | RE/MAX Georgian Bay Realty Ltd |
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%
- $5,579
- Property tax
- $249
- Heat allowance
- $150
- Housing costs
- $5,978 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $218,000
25-yr amortization
Income needed
$184,000
gross annual household income
- Payment at 4%
- $4,587 / mo
- Cash down
- $218,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkValues and trends
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