April Kay-Realtor

✨ N E W L Y L I S T E D ✨
🐖4.3 ACRE HOBBY FARM! 🐐

🏡 1103 Newtown Rd, Belfast - $399,900!🐴

Luscious apple trees line the laneway up to where your 4.3 acre PEI hobby farm awaits you!

Featuring a renovated 5 bedroom, 1 + 1/2 bathroom home and 6 in use buildings this one of a kind property is ready for its new owners.

The perks of buying this property are endless with tons of fruit trees & bushes (apple, cherry, strawberry, blueberry, raspberry & rhubarb) you'll never go hungry! Your garden even comes pre planted (with garlic, cucumbers, tomatoes, beets, carrots, asparagus etc). The current owners are even willing to leave a small flock of chickens, a couple goats and some baby bunnies making this a turn key hobby farm should you wish!

Two of the buildings come equipped with enough supplies (windows, doors, siding, tiles, lumber) that you'll more than likely never need to go to the hardware store for any odd jobs. The current owners are also willing to include some furnishings should that be necessary for the buyer. The opportunity to walk right into your own hobby farm doesn't come around very often here, you don't want to wait on this one!

✨Message me for your showing!✨
Full listing link 👉 https://www.realtor.ca/real-estate/23308739/1103-newtown-road-belfast-belfast

Listing provided by Ashtyn Palmer - KW Select Realty PEI

Curious To See Where Your Debt To Income Ratio Stands? ⚖️

This Is 1 Of The Most Important Things Lenders Look For When Qualifying Someone For A Mortgage 💰

Step 1:
Add up your monthly bills which may include:
(Anything that shows up on your credit report)

•Existing Mortgage Payment
•Student, vehicle, and other monthly loan payments
• Credit card monthly payments (use the minimum payment)
• Monthly child support payments
• Other debts

Note: Expenses like groceries, utilities, phone bill, and your taxes generally are not included.

Step 2:
Divide the total by your gross monthly income, which is your income before taxes.

Step 3:
The result is your “ DTI” which will be in the form of a percentage. The lower the DTI; the less risky you are to lenders 🥳

Monthly Debt Payments ➗ Monthly Income ✖️100
= _____%