Homula Realty Brokerage
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1958 George Avenue, Out of Area, ON N8W 4M1

3+1 beds · 2 baths · 1 kitchen · 7 rooms · 5 parking spaces · 1100-1500 sq ft · Detached
$460,000
Property tax
$2,577 / year

Both the main floor and second level of this home have been fully renovated with modern finishes throughout. Updates include all new laminate flooring, ceramic tile, fresh wall and ceiling paint, and new interior doors throughout the home. The beautifully remodeled kitchen features contemporary finishes, a spacious 3' x 8' island, and a convenient coffee station. Both fully finished 3-piece bathrooms have been upgraded with stylish walk-in showers. Additional improvements include all new electrical, plumbing, and heating/cooling ductwork, updated insulation, some new windows, and a brand-new tankless water heater. Most windows are fitted with custom-made blinds in neutral tones. Located on a bus route, this home is close to several schools and parks. Windsor Regional Hospital is only 5 km away, while medical clinics and grocery stores are within walking distance. Outside, the property features a 1 detached garage, a fenced backyard with mature trees and landscaping, and fully covered front and rear decks - perfect for relaxing or entertaining.

MLS number
X13216728
Type
Detached
Status
Active
Bedrooms
4
Bathrooms
2
Postal code
N8W 4M1
Photos
28
105days · this listing
105days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home is

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$92,000 · minimum here is $23,000
$2,036.78per month
Borrowed before insurance$368,000
Total borrowed$368,000
Interest over 25 years at 4.5%$243,034

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$1,484.53per month out of pocket
Rent$767.00
Everything it costs to hold$2,251.53
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by COMFREE. Listing data provided by the Toronto Regional Real Estate Board.