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.
Executive home on a premium wide pie-shaped lot backing onto open space with no homes directly behind. Located in a quiet neighborhood, just approx. 2 minutes from the upcoming Belmont Meadows Public School. Stone & stucco exterior, covered front porch, exterior pot lights, grand double-door entry, rare 3-car garage and driveway parking for 6 vehicles - 9 parking spaces total - with no sidewalk. Inside, soaring 10-ft ceilings, 8-ft doors, maple hardwood and an impressive open-to-above foyer. Main floor features a spacious office/formal room, full 3-piece bath on main, open-concept kitchen/dining and bright family room with full-height windows, fireplace, stone feature wall and built-in surround sound. Custom chef's kitchen with ceiling-height cabinetry, quartz counters & backsplash, wide quartz island with tons of storage, top end b/i appliances, gas cooktop, concealed hood and hidden walk-in pantry and an extra closet/2nd pantry. Main-floor laundry with garage access. Upstairs offers 4 spacious bedrooms, including a luxurious primary suite with tray ceiling, custom walk-in closet and 5-piece ensuite. A second bedroom features its own walk-in closet and 3-piece ensuite-ideal as a second primary suite. Two additional spacious bedrooms offer generous natural light. Finished lower level with 9-ft ceilings and separate entrance features a 2-bedroom apartment-style layout with kitchen, living area and full bath, plus an additional separate finished bedroom/flex room for personal use, office or guests. Excellent potential for extended family or rental use. A rare combination of space, privacy, parking, extra income, and versatility in Belmont.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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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$5,123/mo
Mortgage (principal + interest)$4,489
Property taxFrom listing: $7,616/yr$635
Minimum $94,990 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. 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$239,980
Ontario land transfer taxProvincial brackets, no first-time refund$20,473
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$263,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Central Elgin 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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