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1027 - CL Clarke, Milton
$1,264,900
Rare Opportunity! Stunning Detached Home Featuring a Professionally Finished Legal Basement Apartment with Separate Front Entrance, Private Laundry, Full Kitchen, Full Bathroom, Large Above-Grade Windows, and 3 Spacious Bedrooms. Previously Rented for Approximately $2,000 Per Month, This Exceptional Space Offers Excellent Income Potential and Is Ideal for Investors, Multi-Generational Families, or Homeowners Seeking a Mortgage Helper.Offering Over 3,200 Sq. Ft. of Finished Living Space, This Beautifully Maintained Home Showcases 9-Ft Ceilings, Hardwood Flooring, Elegant Oak Staircase, Spacious Principal Rooms, and a Highly Desirable Main-Floor Office That Can Easily Serve as a Bedroom for Seniors, Guests, or Anyone Seeking Convenient Main-Floor Living.The Upper Level Features 4 Generously Sized Bedrooms, Including a Luxurious Primary Retreat with a Walk-In Closet and 5-Piece Ensuite, Plus the Convenience of Second-Floor Laundry.Located in a Family-Friendly Neighbourhood Close to Top-Rated Schools, Parks, Trails, Shopping, Libraries, Milton GO Station, and Major Highways. Minutes to Oakville with Easy Access to Mississauga, Toronto, and Waterloo.An Exceptional Opportunity Combining Space, Flexibility, and Significant Income Potential Under One Roo
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 6-15 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $5,625 |
| Lot Size | 35.99 ft x 88.58 ft |
| mls© Number | W13564244 |
| Listed By | RE/MAX REAL ESTATE CENTRE 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%
- $6,474
- Property tax
- $469
- Heat allowance
- $150
- Housing costs
- $7,093 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$218,000
gross annual household income
- Payment at 4%
- $5,323 / mo
- Cash down
- $252,980
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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