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Listed 6 months ago

24 Freedom Crescent

Sidney Ward, Quinte West

$699,900

Detached|Bungalow-Raised
3 | 3 | 4
About this home

A modern Quinte West raised bungalow with a massive mortgage helper? Yes please. Step into this bright, 1400 square foot open-concept living space with a generous kitchen, 4 piece main bath, main floor laundry, and 3 spacious bedrooms including a primary suite with walk-in closet and 3 piece bathroom. Just off of the living area and dining room, you'll find a gorgeous 2-level deck with built in privacy screens. It's the perfect spot to catch some sun and read a book. Or wander down to the fenced backyard to putter. But let's get to that mortgage helper. The finished lower level offers 3 more bedrooms, each currently rented to a quiet single tenant. The tenants are preparing to move out which creates a fantastic in-law or house hacking opportunity for the new owner. The 3 rooms share a common living room, full bathroom, another laundry, and a kitchenette. Gross income from downstairs roommates could cover 2/3 of your mortgage payment. Come and check out this dual-purpose gem in a friendly neighbourhood, minutes from CFB Trenton. Give yourself financial breathing room and a great place for your family to grow.

Extras

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Got questions?

Contact Ephy directly.

agent
Ephy Bookbinder
(416) 838-4804
TypeDetached
StyleBungalow-Raised
Approx. Age6-15
Size1100-1500 sq. ft.
Property Tax$5,293
Lot Size49.29 ft x 125.23 ft
mls© NumberX13048950
Listed ByRoyal Lepage Proalliance Realty

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%
$3,582
Property tax
$441
Heat allowance
$150
Housing costs
$4,173 / mo

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

Down payment20% · $139,980
25-yr amortization

Income needed

$128,000

gross annual household income

Payment at 4%
$2,945 / mo
Cash down
$139,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Values and trends

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