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Lakeview Estates, Vaughan
$1,399,000
Are you looking to buy a home but don't want to stress about mortgage payment? This one may be your best shot!! 311 Conley St nestled in one of Vaughan's most sought-after neighborhoods, this beautifully renovated home offers the perfect blend of style, space, and smart investment. Located in the heart of Thornhill, this sun-filled detached 2 garages home boasts approximately 2,200 sq ft above ground, plus a completely finished basement apartment with 3 bedrooms, a full kitchen, bathroom, and a separate entrance from garage currently generating an impressive $3,500/month in rental income! Live mortgage-free while enjoying your own privacy and comfort. Renovated top to bottom, this home features a new roof, skylight, garage door, XL quartz tile flooring, pot lights throughout, and a partitioned family room with a modern electric fireplace easily convertible to a guest suite or home office. The stunning gourmet kitchen is the heart of the home, showcasing an oversized quartz island, stylish finishes, and abundant storage. A brand-new powder room adds both convenience and luxury. Upstairs, you'll find 4 spacious bedrooms, perfect for growing or multi-generational families. Unbeatable location! Walking distance to public transit, top-rated schools, grocery stores, shopping malls, restaurants, and so much more. Homes like this don't come around often whether you're looking to move in, invest, or both, this one checks all the boxes.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $5,611 |
| Lot Size | 30.06 ft x 103.45 ft |
| mls© Number | N13461134 |
| Listed By | RE/MAX EXCEL REALTY LTD. |
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%
- $7,161
- Property tax
- $468
- Heat allowance
- $150
- Housing costs
- $7,778 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$239,000
gross annual household income
- Payment at 4%
- $5,887 / mo
- Cash down
- $279,800
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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