5387 Main Street
Stouffville, Whitchurch-Stouffville
$3,999,900
Prime development opportunity in a premium location at the northeast corner of Main Street and Highway 48, at the gateway to Whitchurch-Stouffville. Surrounded by major residential and commercial development, this property offers outstanding exposure and future growth potential. Currently zoned RN5 and designated as Urban Medium Density within the Official Plan. Survey available. Water line and sewer services to the property have already been completed, providing added value and development readiness. Rare opportunity to secure a high-profile site in one of the GTA's fastest-growing communities.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $5,326 |
| Lot Size | 128 ft x 528 ft |
| mls© Number | N13151588 |
| Listed By | RE/MAX HALLMARK YORK GROUP REALTY LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $20,473
- Property tax
- $444
- Heat allowance
- $150
- Housing costs
- $21,067 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$648,000
gross annual household income
- Payment at 4%
- $16,832 / mo
- Cash down
- $799,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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