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Listed 8 days ago

15161 Highway 48 Road

Ballantrae, Whitchurch-Stouffville

$1,300,000

Detached|1 1/2 Storey
2 | 1 | 15
About this home

Location! Location! Location! Welcome To This Charming & Versatile 1 1/2-Storey Detached Home, Perfect For The Investor, First-Time Home Buyers, Downsizers Or Hobbyists. Nestled In The Desirable Neighborhood Of Ballantrae, This Property Beautifully Blends Cozy Living W/ Incredible Functional Space. The Main Floor Features A Welcoming Layout W/ 2 Comfortable Bdrms & A Modern, Functional 3 Pc Bthrm. Relax In The Beautiful Sunroom, An Ideal Spot For Morning Coffee, Reading Or Indoor Plants. Head Upstairs To Find A Spacious Loft, Perfect For A Home Office, Creative Studio Or Private Media Rm. The Massive 3 Car Garage Is The Ultimate Highlight For Car Enthusiasts, Woodworkers Or Anyone Needing Extensive Equipment Storage. This Is An Exceptional Investment Opportunity You Will Not Want To Miss. Furnace (2021), A/C (2020), Roof (2022), Full Bathroom (2022)

Extras

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,281
Lot Size96.29 ft x 185.77 ft
mls© NumberN13609744
Listed ByRE/MAX HALLMARK FIRST GROUP REALTY LTD.

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%
$6,654
Property tax
$357
Heat allowance
$150
Housing costs
$7,161 / mo

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

Down payment20% · $260,000
25-yr amortization

Income needed

$220,000

gross annual household income

Payment at 4%
$5,471 / mo
Cash down
$260,000

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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