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New4 days ago

15161 Highway 48 Road

Ballantrae, Whitchurch-Stouffville

$1,249,000

Detached|1 1/2 Storey
2 | 1 | 15
About this home

AN INCREDIBLE OPPORTUNITY IN THE HEART OF BALLANTRAE! Discover the perfect combination of charm, versatility and exceptional potential with this unique 1-storey detached home! Ideally situated in the highly desirable community of Ballantrae, this property offers endless possibilities for first-time buyers, downsizers, investors, hobbyists and car enthusiasts alike. The inviting main level features two comfortable bedrooms, a beautifully updated 3-piece bathroom and a bright, welcoming sunroom, perfect for enjoying your morning coffee or unwinding at the end of the day. Upstairs, a spacious loft provides flexible additional living space, ideal for a home office, creative studio, guest retreat or entertainment area. THE TRUE SHOWSTOPPER IS THE IMPRESSIVE OVERSIZED 3-CAR GARAGE! A rare and highly sought-after feature offering incredible space for vehicles, a workshop, hobbies or additional storage. Enjoy added peace of mind with several important updates, including the furnace (2021), air conditioning (2020), roof (2022) and bathroom (2022). Whether you're looking to move in, invest or take advantage of this property's incredible functionality and potential, this is a rare opportunity in a fantastic location.

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nest zoom realty
(416) 276-9973
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,281
Lot Size96.29 ft x 185.77 ft
mls© NumberN14104922
Listed ByRE/MAX HALLMARK REALTY LTD.

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

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

Mortgage, tested at 6%
$6,393
Property tax
$357
Heat allowance
$150
Housing costs
$6,900 / mo

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

Down payment20% · $249,800
25-yr amortization

Income needed

$212,000

gross annual household income

Payment at 4%
$5,256 / mo
Cash down
$249,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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