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Listed 4 months ago

47 Edison Place

Patterson, Vaughan

$1,939,900

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

Stunning Spacious Home Build By Quality Builder As a Custom Build Home. Only Few Homes in The Area build By This Standards. High Demand Location within proximity to transportation, go station, Catholic Elementary School and French School. 9F ceilings on Both Levels and in unfinished Walk-Out Basement. Upgraded 8F front doors and 8F all interior doors. Marble entrance, hardwood floors on main level. Upgraded Spacious Kitchen with Tall Cabinets. Granite Counters, pantry, island. 18F ceiling in Family Room and 16F ceiling in Media room. Luxury Primary bedroom retreat with oversize Shower and freestanding tub.1400 Sq.f unfinished walk-out basement can be additional leaving space.

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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$8,499
Lot Size40.03 ft x 104.99 ft
mls© NumberN13012562
Listed BySUTTON GROUP-ADMIRAL REALTY INC.

Listing History

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

Schools

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What the bank counts

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

Mortgage, tested at 6%
$9,929
Property tax
$708
Heat allowance
$150
Housing costs
$10,788 / mo

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

Down payment20% · $387,980
25-yr amortization

Income needed

$332,000

gross annual household income

Payment at 4%
$8,163 / mo
Cash down
$387,980

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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