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New1 day ago

329 Morrish Road

Highland Creek, Toronto

$2,599,999

Detached|2-Storey
4 | 8 | 6
About this home

Luxury, Elegance, Income, Opportunity!Exceptional Custom-Built Residence Set On A Premium 52 X 166 Ft Lot, Offering Approximately 4,000 Sq. Ft. Of Above Ground Living Space Plus A 1,500 Sq. Ft. Finished Basement.Make A Grand First Impression With An Impressive 8' Tall, Double-Door Front Entry And Elegant Circular Staircase. Designed For Those Who Appreciate Space And Sophistication.The Main Floor Boasts Soaring 10' Ceilings, A Welcoming Foyer, Elegant Formal Living And Dining Rooms, A Versatile Main-Floor Study That Can Also Be Used As A Bedroom, And A Spacious Family Room With Fireplace And Coffered Ceiling. Skylight Above The Staircase Bring An Abundance Of Natural Light Throughout The Home.Thoughtfully Designed Kitchen Is Complemented By A Generous Pantry And Servery With A Second Dishwasher.The Second Floor Features 9' Ceiling, 4 Spacious Bedrooms, Each With A Walk-In Closet And Private Ensuite And Convenient 2nd-Floor Laundry.The Finished Basement Offers 9' Ceiling, A Separate Entrance And Features Two Separate One-Bedroom Apartments, Providing Approximately $3,000/Month In Potential Rental Income - An Excellent Opportunity To Help Offset Mortgage Costs Or Supplement Household Income. Plus Approx. 500 Sq. Ft. Recreation/Gym Area - Ideal For Fitness, Entertainment, A Home Theatre Or Additional Family Space.Step Outside To Your Own Private Retreat, Professionally Landscaped With In-Ground Irrigation, Landscape Lighting, Security Cameras, Covered Deck And Separate Gazebo, Perfect For Entertaining Or Enjoying Peaceful Evenings Outdoors.Adding Even Greater Appeal Is The Potential For A Future Garden Suite And/Or Laneway-Style Dwelling. Buyers/ Buyers Agent To Do Their Own Due Diligence.A Rare Blend Of Luxury, Functionality, Income Potential And Future Possibilities. An Opportunity To Elevate Your Lifestyle And Exceptional Long-Term Value.

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. Age6-15
Size3500-5000 sq. ft.
Property Tax$9,822
Lot Size52.29 ft x 166.97 ft
mls© NumberE13760434
Listed ByHOMELIFE/FUTURE REALTY INC.

Listing History

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

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What the bank counts

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

Mortgage, tested at 6%
$13,308
Property tax
$818
Heat allowance
$150
Housing costs
$14,276 / mo

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

Down payment20% · $520,000
25-yr amortization

Income needed

$439,000

gross annual household income

Payment at 4%
$10,941 / mo
Cash down
$520,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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