The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Excellent investment opportunity in a highly desirable Stouffville location! This beautifully newly renovated property (2024) offers three self-contained units, all currently leased and generating strong rental income, helping offset the mortgage while providing an attractive investment opportunity (Unit #1 $1640.00 Unit #2 $1600.00 # Unit 3 $1200.00) plus Landlord occupied the main floor & upstairs. The extensive renovations include the basement, offering over 3500 SF updated and well-maintained living spaces. Live comfortably in the upper unit while enjoying rental income from the other units, or lease the entire property for maximum income potential. Ideally located close to Highway 404, with convenient access to Markham, Costco, Longo's, shopping, restaurants, and everyday amenities. Approximately 5 minutes to Markham and Costco/Longo's, making this an excellent location for both tenants and investors. A fantastic opportunity for investors, multi-generational families, or buyers looking to combine home ownership with income potential. Shows beautifully and offers strong flexibility for future use. Roof 2020, Furnace 2022, Water Softener 2022, Hot water Owned 2024, All appliances 2024.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$7,062/mo
Mortgage (principal + interest)$6,509
Property taxFrom listing: $6,631/yr$553
Minimum 20% ($348,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$348,000
Ontario land transfer taxProvincial brackets, no first-time refund$31,275
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$382,075
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Whitchurch-Stouffville has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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