47005 Yale Road

General property description

Holding property or develop it. Has an active PLA to split one lot on yale approved and ready to start. Fully renovated 3,000 sqft home, with a great south facing view and almost 5K a month in rent coming in from the 2 suites with a total of 5 bedrooms and 3 full baths. Hard to say no to this one. Geo study done on solid rock. Close to other higher density subdivision's but still private enough for upscale development or leave it the way it is. Backs city park land. With just over 4 Aces, over 500 feet of total road frontage on Yale and Latimer and a keeper house. It is open to a lot of options.

Mortgage estimate

Tax from listing

Est. monthly total

$9,792

/mo

Rate

%

​

Amortization

25 yr30 yr

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Principal and interest

$8,789

Property tax

$853

P&I

Tax

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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $380,000 down (20%) on $1,900,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.