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Listed 11 days ago

45 Palmwood Gate

Stouffville, Whitchurch-Stouffville

$1,050,000

Detached|2-Storey
4 | 3 | 5
About this home

This is the one folks, a warm and beautifully updated family home on an impressive wide lot in a quiet Stouffville neighbourhood. With 4 bedrooms upstairs, 3 bathrooms in total, plus a spacious finished lower level with an additional bedroom and newly renovated ensuite, there is room here for a growing family, guests, a home office or multi-generational living. The bright main floor is filled with natural light and features hardwood flooring, a gorgeous renovated kitchen with quartz counters, oversized island, Sub-Zero refrigerator and Wolf gas range, plus a comfortable living room and breakfast area overlooking the yard. Hardwood continues throughout the upper level, while the basement offers durable laminate flooring and an expansive entertaining space. Outside, enjoy a huge private yard with a garden shed, gas BBQ hookup and plenty of room to play, entertain or garden. The backyard maple tree has even been tapped for syrup year after year. Parking is easy with space for four cars in the driveway plus the attached garage. A rare combination of space, upgrades, lot size and family-friendly location, all in one of Stouffville's established residential pockets.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,849
Lot Size49.39 ft x 119.15 ft
mls© NumberN13862210
Listed ByON THE BLOCK

Listing History

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

Schools

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What the bank counts

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

Mortgage, tested at 6%
$5,374
Property tax
$404
Heat allowance
$150
Housing costs
$5,928 / mo

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

Down payment20% · $210,000
25-yr amortization

Income needed

$182,000

gross annual household income

Payment at 4%
$4,419 / mo
Cash down
$210,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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