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Listed 19 days ago

41 Meadowcliffe Drive

Cliffcrest, Toronto

$2,149,000

Detached|Bungalow-Raised
3 | 5 | 14
About this home

Welcome to 41 Meadowcliffe Drive in the heart of the Bluffs. The moment one steps onto this exclusive street, they are mesmerised by the natural beauty in which the home is enveloped. This custom-built luxury property has its own charisma. Entering upon a floating staircase and looking up at soaring 16 ft cathedral ceilings, the entire home has a feeling of whimsical grandeur. Each room is artistically designed to maximize outdoor views. One of the best areas of the home is the grand living room, opening onto a massive 1,500 sq ft deck. Offering seamless indoor/outdoor living experiences, this is the perfect way to entertain with family and friends. The spacious kitchen is also set up for pure enjoyment, with access to a BBQ area overlooking the gardens for true open-air dining. The primary suite includes an ensuite bath and walk-in closet - with two additional bedrooms down the hall, also offering generous square footage. The lower-level has been strategically designed with a walk-out entrance. Its family room features a cozy, yet sophisticated, stone wall fireplace. The kitchen includes an eat-in breakfast area with views of the front garden, further adding to the property's glamour. Moreover, there are two additional bedrooms and a secondary laundry - as well as heated floors throughout the entirety of the downstairs suite. This home's layout is not only ideal for a single family, but also great as a multi-family property, or income space with self-contained rental.41 Meadowcliffe is a must-see, cradled in the natural beauty of the lake, just steps away! The entire home has been meticulously renovated, starting in 2006.

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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$12,465
Lot Size125 ft x 225 ft
mls© NumberE13572100
Listed ByZOLO REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$11,000
Property tax
$1,039
Heat allowance
$150
Housing costs
$12,188 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $429,800
25-yr amortization

Income needed

$375,000

gross annual household income

Payment at 4%
$9,043 / mo
Cash down
$429,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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