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Listed 2 months ago

116 Clearmeadow Boulevard

Summerhill Estates, Newmarket

$1,048,000

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

Tucked into Summerhill Estates, this bright and well-maintained family home has the space and flow that families need. The finished basement features a separate entrance that brings rental or in-law suite potential. The custom built kitchen walks out to a south-facing massive covered deck, separate patio and raised garden bed. The open concept living/dining rooms are the perfect addition for entertaining. 2nd floor washer/dryer (2024) makes laundry effortless. Oversized primary bedroom features stunning custom built walk-in closet. Recent updates: roof (2019), garage door (2021), upgraded insulation (2023) Within walking distance to Clearmeadow Public School, parks, trails and transit, and just minutes to Upper Canada Mall, Main St., shopping, restaurants and Highway 404

Extras

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeLink
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,285
Lot Size30.48 ft x 111.26 ft
mls© NumberN13458270
Listed ByROYAL LEPAGE SIGNATURE REALTY

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%
$5,364
Property tax
$440
Heat allowance
$150
Housing costs
$5,955 / mo

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

Down payment20% · $209,600
25-yr amortization

Income needed

$183,000

gross annual household income

Payment at 4%
$4,410 / mo
Cash down
$209,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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