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Ballantrae, Whitchurch-Stouffville
$1,750,000
Exceptional fully renovated 4 bedroom 3.5 washroom Bungalow on 2 Acres of beautiful property , lots of privacy with Strong Income Potential Welcome to this truly unique and extensively upgraded detached bungalow offering approximately 2,300 sq. ft. of living space, set on a rare and private 2-acre lot. This property is ideal for homeowners, investors, or those seeking a multi-income opportunity with versatile outbuildings. Fully Renovated Interior (2015): The home underwent a comprehensive renovation in 2015, including a complete redesign of the upper level. All bathrooms were rebuilt with high-end finishes, increasing the total from the original two bathrooms to three and a half bathrooms upstairs. The main floor features hardwood flooring throughout, a custom walnut kitchen with granite countertops, and upgraded appliances, fixtures, and finishes throughout. All bathrooms include granite countertops, built-in sinks, and premium faucets, reflecting quality craftsmanship and modern design. Income-Generating Basement (2020): In 2020, the basement was fully renovated into two separate, self-contained units: A spacious 3-bedroom apartment with 2 bathrooms, A large 1-bedroom apartment, featuring a luxury built-in steam room (approx. $10, 000 upgrade), Outdoor Features & Outbuildings: 2.5-car tandem attached garage 3,000 sq. ft. detached heated garage/workshop 4-stall horse stable Additional smaller barn Total of four structures on the property, offering endless possibilities for hobbyists, business owners, or agricultural use Summary:A rare opportunity to own a beautifully upgraded home with substantial rental income potential
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $3,790 |
| Lot Size | 39.59 ft x 205.62 ft |
| mls© Number | N13065478 |
| Listed By | ROYAL LEPAGE REALTY PLUS |
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%
- $8,957
- Property tax
- $316
- Heat allowance
- $150
- Housing costs
- $9,423 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$290,000
gross annual household income
- Payment at 4%
- $7,364 / mo
- Cash down
- $350,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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