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Listed 3 months ago

4 Emerald Grove

Colgan, Adjala-Tosorontio

$1,499,000

Detached|2-Storey
5 | 6 | 9
About this home

Exceptional Executive Residence Offering Over 4,100 Sq. Ft. Of Finished Living Space On A Rare Premium Lot With Approx. 160 Ft. Of Depth. Designed With Family Living And Entertaining In Mind, This Impressive Home Features 5 Generously Sized Bedrooms, Each Complete With A Private Ensuite Bath And Walk-In Closet. Boasting 5.5 Bathrooms Throughout, This Property Provides An Ideal Layout For Large Or Multi-Generational Families. The Bright Walkout Basement Features Three Oversized Upgraded Windows, Allowing For Abundant Natural Light And Excellent Potential For Additional Living Space. A Spacious 3-Car Attached Garage Adds Everyday Convenience. Situated In A Quiet And Highly Desirable Neighbourhood, This Home Offers The Perfect Balance Of Luxury And Comfort. The Expansive Backyard On The Premium Deep Lot Creates Endless Possibilities For Outdoor Entertaining, Recreation, Or Future Landscaping Enhancements. A Rare Opportunity To Own A Beautifully Appointed Family Home In An Exceptional Location.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age0-5
Size3500-5000 sq. ft.
Property Tax$6,754
Lot Size60.04 ft x 160.01 ft
mls© NumberN13567970
Listed ByRE/MAX ACE REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$7,673
Property tax
$563
Heat allowance
$150
Housing costs
$8,385 / mo

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

Down payment20% · $299,800
25-yr amortization

Income needed

$258,000

gross annual household income

Payment at 4%
$6,308 / mo
Cash down
$299,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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