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Listed 25 days ago

51 Sparrow Way

Colgan, Adjala-Tosorontio

$1,200,000

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

Stunning 2-car garage detached featuring 4 bed, 4 bath just under 3000sqft of contemporary living space situated on a premium 50ft ravine lot w/ no rear neighbors providing a blend of luxury & tranquility. $$$ spent on upgrades! Step into the GRAND foyer w/ soaring ceilings. Peek into the front living room comb w/ dining room ideal for buyers looking to host. Venture down the hall past the mudroom & powder room to the upgraded chefs kitchen w/ Tall modern cabinetry, B/I pantry, workstation, & breakfast island w/ quartz counters ideal for growing families adjacent to a breakfast nook W/O to rear deck. Cozy family room w/ fireplace perfect for family entertainment. Stroll upstairs to 4 principal bedrooms all w/ ensuite privileges & 3 full bathrooms. Primary bedroom retreat providing open views of the ravine backyard w/ 5-pc ensuite, & W/I closet. 2nd bedroom w/ 4-pc ensuite. 3rd & 4th bedroom share a 4-pc semi ensuite. Convenient 2nd level laundry. Full unfinished basement awaiting your vision can be converted to family rec space, guest accommodation, in-law suite or rental. Enjoy a deep open backyard can be finished w/ in-ground pool, cabana, patio & much more! **EXTRAS** Enjoy the peacefulness of the countryside while retaining all the amenities of a large city. Mins to top rated schools, parks, golf clubs, conversation areas, major HWYS & much more!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNew
Size2500-3000 sq. ft.
Property Tax$5,344
Lot Size50.05 ft x 131.17 ft
mls© NumberN13818014
Listed ByCMI REAL ESTATE INC.

Listing History

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  • 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%
$6,142
Property tax
$445
Heat allowance
$150
Housing costs
$6,737 / mo

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

Down payment20% · $240,000
25-yr amortization

Income needed

$207,000

gross annual household income

Payment at 4%
$5,050 / mo
Cash down
$240,000

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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