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New4 days ago

108 Golden Forest Road

Patterson, Vaughan

$1,588,000

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

Room to grow, space to gather and a location to love! Welcome to 108 Golden Forest Road, a spacious 4+1-bedroom, 4-bathroom home with a finished basement with separate entrance nestled on a desirable, quiet street in Patterson. Offering over 4,100 sq. ft. of total living space, including 2,796 sq. ft. above grade, this home pairs an excellent layout and generously sized rooms with owned solar panels generating an average annual income of approximately $10,200. At the heart of the home, a large kitchen showcases a huge centre island/breakfast bar, granite countertops and stainless steel appliances, pantry and large eat-in area-perfect for family breakfasts, meal preparation and entertaining. Features 9 ft ceilings and hardwood floors on main; upgraded double entry doors; wainscoting; crown mouldings; large family room with natural gas fireplace and overlooking to kitchen and backyard; California shutters; primary retreat with large walk-in closet with closet organizers and 5-pc ensuite; spacious principal rooms with large windows; second-floor laundry which could be converted into 3rd bathroom upstairs. The finished basement, completed in 2014, offers a separate entrance, an additional bedroom, kitchenette and a versatile living space for extended family, guests or recreation. Enjoy summer dining and relaxing on the patio in the fully fenced backyard. Front and side interlocking, a 2-car garage and a sidewalk-free lot complete the exterior. Additional features include no rental equipment, 200-amp electrical service, upgraded attic insulation and a backyard hot tub access panel. Set on a quiet street with local traffic only, this inviting family home is steps to the scenic Golden Forest trail and pond, with convenient access to Maple GO, Cortellucci Vaughan Hospital, schools including French immersion options, shopping and everyday amenities. Generous living space, an outstanding location and income-producing solar panels make this a home with lasting appeal!

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TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$7,530
Lot Size40.03 ft x 104.99 ft
mls© NumberN14104130
Listed ByREMAX YOUR COMMUNITY REALTY

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%
$8,128
Property tax
$627
Heat allowance
$150
Housing costs
$8,906 / mo

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

Down payment20% · $317,600
25-yr amortization

Income needed

$274,000

gross annual household income

Payment at 4%
$6,683 / mo
Cash down
$317,600

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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