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246 Jelley Avenue

Armitage, Newmarket

$1,378,000

Detached|2-Storey
5 | 4 | 4
About this home

Client Remarks Stunning 5+1 Bedroom, 4 Washroom Beautifully Upgraded Family Home in Sought After Armitage *Almost 3,200 sq ft of Above Grade Living Space *Bright Living Room w/ Large Bay Window Overlooking Front Yard *Spacious Dining Room, Over-Looking Living Room *Bright & Large Upgraded Eat-in Kitchen w/ Quartz Counters, Stainless Steel Appliances, Backsplash * Bright Breakfast Area w/ French Doors to Walk-Out to Deck *Large Family Room w/ Wood Burning Fireplace, Crown Mouldings & Pot Lights *Incredibly Spacious Primary Bedroom w/ 4pc Ensuite & Walk-In Closet w/Eletric Fireplace *4 Additional Large Bedrooms, 3 w/ Walk-In Closets *Fully Finished Huge Basement w/ Gas Fireplace, 3 Pc New Washroom, Wet Bar, Additional Bedroom or can be a Games Area (currently used as a music working space ) *Private & Stunning Backyard w/ Serene Water Feature * This Home is an Absolute Entertainer's Dream! This is a well-cared-for home in a prime location close to schools, parks, and amenities-an ideal option for families seeking space and comfort.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$6,402
Lot Size70.79 ft x 111.3 ft
mls© NumberN12980544
Listed ByHOMELIFE LANDMARK REALTY INC.

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%
$7,053
Property tax
$534
Heat allowance
$150
Housing costs
$7,737 / mo

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

Down payment20% · $275,600
25-yr amortization

Income needed

$238,000

gross annual household income

Payment at 4%
$5,799 / mo
Cash down
$275,600

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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