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Listed 13 days ago

22 Ratcliff Road

Rural Whitchurch-Stouffville, Whitchurch-Stouffville

$2,290,000

Detached|Sidesplit 4
3 | 5 | 10
About this home

Exclusive Bethesda Estate location Approx. 7.62 private scenic acres boasts a 3.5acres of pond. Solid multi level 4 bedrooms home. Spacious rooms with spectacular views of water, bridges and perennial garden are an entertainer's dream. This property offers an incredible opportunity, the home can easily be lived in, while it is also prime for development; renovate, rent out and/or landbank for the future. Large lots with nature pond are becoming a rarity and demand for private enclaves with amazing locations hasn't waned. This location is ideal for cul-de-sac custom built mansion with park-like garden. There are lots of new build on the go in the area.

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nest zoom realty
(416) 276-9973
TypeDetached
StyleSidesplit 4
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$12,784
Lot Size290.77 ft x 1264 ft
mls© NumberN13886806
Listed ByRE/MAX IMPERIAL REALTY 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%
$11,721
Property tax
$1,065
Heat allowance
$150
Housing costs
$12,937 / mo

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

Down payment20% · $458,000
25-yr amortization

Income needed

$398,000

gross annual household income

Payment at 4%
$9,637 / mo
Cash down
$458,000

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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