Ravine Lot with beautiful creek at the end of back yard ,And Walk To The Lake!! Nice Home Located South East Burlington With 4 Bedrooms And 2 Baths. Single Car Garage With A Generous Double Driveway. This Home Features Steel Roof, Shed With 10X13 Concrete Pad, Humidifier With Electrical Air Filter, High Efficiency Furnace And A Water Softener With Reverse Osmosis Water System. Great Backyard Oasis With A Huge Deck, Gas Bbq Hook-Up, And A Great View That Overlooks The Ravine. Metal Roof - 2010,Windows - 2014,Siding - 2020, Floor - 2020,Kitchen - 2020,Tiles - 2020,Bathroom - 2026,Powder Room - 2026,Deck - 2022, Painted Fresh - 2026
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,357 |
| Lot Size | 46.48 ft x 108 ft |
| mls© Number | W14096418 |
| Listed By | HOMELIFE NEW WORLD REALTY INC. |
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,779
- Property tax
- $446
- Heat allowance
- $150
- Housing costs
- $6,375 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$196,000
gross annual household income
- Payment at 4%
- $4,751 / mo
- Cash down
- $225,800
Assumes no other monthly debts · 25-yr amortization
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