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Rural Whitchurch-Stouffville, Whitchurch-Stouffville
$1,099,000
Build Your Luxury Dream Home With Breathtaking Lake Views In The Desirable Musselman's Lake Community! Approved Plans And Permits Are Available For A Custom Home Designed With Expansive Windows To Capture Lake Views From Every Room Allowing You To Begin Building Right Away. Nestled On A Quiet, No-Through Street, This Prime 50x100 Ft Lot With Mature Trees Offers Deeded Lake Access And Stunning Views. Enjoy Exclusive Access To The Lake For Residents Of The Street, With The Option To Use Motorized Boats. Located Just 40 Minutes From Toronto, In A High-Demand Area With Ongoing Growth And Improvements. The Existing Home Features Hardwood Floors, An Updated Kitchen, New Fully Renovated Bathrooms, New Gas Line, New Plumbing And A Walk-Out To A Deck With Lake Views Perfect For Renting While You Plan Your Future Build. Enjoy The Peaceful, Cottage-Like Lifestyle Just Minutes From The Stouffville GO Station, Highway 404, And All Amenities. Escape The City Without Leaving Convenience Behind Live Steps From Nature In A Vibrant Lakeside Community.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,194 |
| Lot Size | 50 ft x 100 ft |
| mls© Number | N13279568 |
| Listed By | FOREST HILL REAL ESTATE 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%
- $5,625
- Property tax
- $266
- Heat allowance
- $150
- Housing costs
- $6,041 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$186,000
gross annual household income
- Payment at 4%
- $4,625 / mo
- Cash down
- $219,800
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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