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Listed 3 months ago

5659 Black River Road

Sutton & Jackson's Point, Georgina

$1,150,000

Detached|2-Storey
4 | 3 | 6
About this home

Welcome to Lot 1 at The Fairgrounds - a stunning brand-new 2,670 sq ft detached home crafted by Twelve Stone Group in the heart of Sutton, Georgina. Situated on a south-facing lot in this sought-after new community, this 4-bedroom, 3.5-bathroom home delivers exceptional space, quality finishes, and thoughtful design throughout. The open-concept main floor showcases soaring 9-foot ceilings, a grand great room with gas fireplace, a formal dining room, a chef's kitchen, and a dedicated breakfast area - all bathed in natural light. A beautiful oak staircase leads to the second floor where the expansive primary suite boasts a private ensuite, joined by three additional bedrooms, a full 4-piece bath, and convenient second-floor laundry. The home also features a separate walk-down entrance to the basement - outstanding potential for an in-law suite or future income. Premium exterior finishes include clay brick, asphalt shingle roof, poured concrete foundation, covered front porch, and paved driveway. Forced air natural gas heating with HRV, rough-in for central air, municipal water and sewer. Minutes to Lake Simcoe, Sutton's charming main street, schools, and Hwy 404. Development charges included in purchase price. This purchase meets the general qualifications for HST rebates (subject to purchaser assignment and qualifications).

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNew
Size2500-3000 sq. ft.
Property Tax---
Lot Size24.88 metres x 36.14 metres
mls© NumberN13051878
Listed ByCOLDWELL BANKER THE REAL ESTATE CENTRE

Listing History

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

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What the bank counts

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

Mortgage, tested at 6%
$5,886
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$6,036 / mo

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

Down payment20% · $230,000
25-yr amortization

Income needed

$186,000

gross annual household income

Payment at 4%
$4,839 / mo
Cash down
$230,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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