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$514,900
Available - For Sale
Listing ID: X12132161
Endless Possibilities on 0.7 Acres! Nestled in the charming town of Formosa, just steps from the main street, this expansive 181.5' x 165' property offers a unique opportunity. The land itself is great, but the multiple outbuildings truly set it apart. Imagine the possibilities with a fully equipped front garage (25'2 x 21'4) with concrete floors, insulated, gas f/a heat, a hoist, and 60 amp service ideal for mechanics or hobbyists. Go down the separate lane to a newer shop (22'11 x 28'11) with concrete floors and ample power awaits your projects, while a back shed (15'4x19'3) plus a lean-to provides additional storage.The comfortable home features two upper level bedrooms and a 4pc. bath. The main floor offers flexibility with a potential area at the back for a third bedroom near the convenient mudroom entrance. Enjoy an updated eat-in kitchen with hardwood floors, a spacious living room, and a bright sunporch with a walk-in storage closet. The main floor laundry room even holds the potential for a future 2pc. bath. Benefit from modern comforts including a f/a gas furnace 2012, 90' drilled well 2013 a metal roof 2017, vinyl siding 2024, central A/C, updated vinyl windows, a hard-wired security system, and a practical walk-up basement. Negotiable: fridge, stove, washer, dryer. This property is a rare find!
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $29,995 $59,990 $89,985 $119,980
First Mortgage $569,905 $539,910 $509,915 $479,920
CMHC/GE $15,672.39 $10,798.2 $8,923.51 $0
Total Financing $585,577.39 $550,708.2 $518,838.51 $479,920
Monthly P&I $2,507.98 $2,358.64 $2,222.15 $2,055.46
Expenses $0 $0 $0 $0
Total Payment $2,507.98 $2,358.64 $2,222.15 $2,055.46
Income Required $94,049.35 $88,449.02 $83,330.44 $77,079.76

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Royal LePage RCR Realty

181 Council Road , South Bruce, N0G 1W0, Bruce

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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Type: Freehold - Detached
Area: Bruce
Municipality: South Bruce
Neighbourhood: South Bruce
Style: 1 1/2 Storey
Lot Size: x 165.00(Feet)
Approximate Age: 100+
Tax: $2,060
Maintenance Fee: $0
Beds: 2
Baths: 1
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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