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1103 - Fallingbrook/Ridgemount, Orleans - Cumberland and Area
$550,000
DEVELOPMENT / REDEVELOPMENT OPPORTUNITY ON ST. JOSEPH BLVD! Approx. 13,920 sq. ft. lot with approximately 87' frontage 160' depth, ideally positioned along the St. Joseph Boulevard corridor in Orléans. The City has identified the corridor for long-term revitalization and intensification, offering an opportunity for developers and investors to explore future redevelopment potential, subject to approvals and due diligence.Currently improved with a detached dwelling, the property features mature trees and elevated topography. R1HH zoning. Excellent opportunity to secure a sizable parcel on a rapidly evolving east-end corridor.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $4,185 |
| Lot Size | 87 ft x 160.01 ft |
| mls© Number | X13845890 |
| Listed By | RE/MAX HALLMARK REALTY GROUP |
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%
- $2,815
- Property tax
- $349
- Heat allowance
- $150
- Housing costs
- $3,314 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$102,000
gross annual household income
- Payment at 4%
- $2,314 / mo
- Cash down
- $110,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkValues and trends
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