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Price Change$930,000

5 Cherry Blossom Lane

St. Thomas, St. Thomas

$799,900

Detached|Bungalow
3 | 3 | 6
About this home

First time ever on the market! Proudly maintained by the original owners, this 2008 Doug Tarry-built bungalow is located on the ravine side of Cherry Blossom Lane and offers 1,498 sq. ft. on the main floor plus a fully finished walkout basement. The bright open-concept main floor features a spacious kitchen with vaulted ceilings, plenty of natural light, and access to the rear deck overlooking the backyard and ravine. The adjoining living room showcases cathedral ceilings and backyard views. The primary bedroom includes a walk-through closet and private ensuite with jacuzzi tub. A second bedroom, full 4-piece bathroom, and main-floor laundry complete the main level. The finished lower level provides additional living space with a large family room, third bedroom with walk-in closet, full 4-piece bathroom, rec room, walkout access, and plenty of storage. Step outside to the covered patio, hot tub, and well-maintained backyard. An oversized double-car garage offers ample space for parking, storage, hobbies, or a workshop. Located in a well-established neighbourhood, this original-owner home combines the convenience of bungalow living with the added space of a finished walkout basement on a ravine lot.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. Age16-30
Size1100-1500 sq. ft.
Property Tax$5,614
Lot Size45 ft x 125 ft
mls© NumberX13237472
Listed ByRE/MAX CENTRE CITY REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,094
Property tax
$468
Heat allowance
$150
Housing costs
$4,712 / mo

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

Down payment20% · $159,980
25-yr amortization

Income needed

$145,000

gross annual household income

Payment at 4%
$3,366 / mo
Cash down
$159,980

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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