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Listed 18 days ago

8 Elderberry Way

Colgan, Adjala-Tosorontio

$1,449,900

Detached|2-Storey
4 | 5 | 9
About this home

8 Elderberry Way showcases an exceptional 3600 sq. ft. detached residence in the prestigious Colgan Crossing community of Tottenham, set on an expansive 86 ft x 150 ft lot and offering a brand-new, never-lived-in estate home with a 3-car garage accommodating up to 9 cars and no sidewalk. This elegant property features hardwood flooring on the main level, plush broadloom in all bedrooms, a spacious open-concept living/dining area, a bright family and breakfast space, and a modern kitchen. The luxurious primary suite includes two walk-in closets with windows and a 4-piece ensuite with a free-standing tub, separate shower, double sinks, and a private toilet area, while each of the additional three bedrooms offers its own 3-piece ensuite and walk-in closet. Conveniently located near Hwy 9, Hwy 50, Alliston, Palgrave, Caledon, parks, schools, shops, and everyday amenities, providing exceptional accessibility and lifestyle convenience.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$6,330
Lot Size80.38 metres x 150.36 metres
mls© NumberN13845026
Listed ByINTERCITY 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%
$7,421
Property tax
$528
Heat allowance
$150
Housing costs
$8,099 / mo

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

Down payment20% · $289,980
25-yr amortization

Income needed

$249,000

gross annual household income

Payment at 4%
$6,101 / mo
Cash down
$289,980

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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