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New7 days ago

13245 Tenth Line

Stouffville, Whitchurch-Stouffville

$9,900,000

Detached|Bungalow
2 | 1 | 10
About this home

Rare 9.85-Acre Parcel Approximately 1 km from Old Elm GO Station, Stouffville Exceptional opportunity for developers, investors, and land bankers. Approximately 9.853 acres fronting on two roads: over 300 feet on Tenth Line, directly across from Sleepy Hollow Golf Club, with the rear of the property fronting onto York Durham Line across from Granite Golf Club. Approximately 1 km from the new Old Elm GO Station (formerly Lincolnville), 2 minutes to downtown Stouffville and all amenities, and 10 minutes to Highway 404. The 2-bedroom brick bungalow is currently tenanted, providing income while you hold. A rare, transit-connected parcel with excellent exposure in an area of active growth. Extras: Brick bungalow with attached double garage and oversized barn. Two separate driveways with plenty of parking. House sold in "as is" condition.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age31-50
Size2000-2500 sq. ft.
Property Tax$3,327
Lot Size0 ft x 0 ft
mls© NumberN13883342
Listed ByCITYSCAPE REAL ESTATE LTD.

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%
$50,673
Property tax
$277
Heat allowance
$150
Housing costs
$51,100 / mo

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

Down payment20% · $1,980,000
25-yr amortization

Income needed

$1,572,000

gross annual household income

Payment at 4%
$41,661 / mo
Cash down
$1,980,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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