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New2 hours ago

5506 Main Street

Stouffville, Whitchurch-Stouffville

$858,000

Freehold Townhouse|3-Storey
3 | 4 | 2
About this home

Luxurious 3+1-bdrms 3.5-bath on Main st of Stouffville! **Officially CM2(Commercial Mixed-Use 2) Zoning ---- Generally allowing mixed-use building that combine commercial, residential, and office spaces(buyer to verify permitted-uses)! An optional office/retails space on ground level w/sep-entrance on Main st! Live-work combined property or Excellent live-rent opportunity(potential income $$$)! This unique lay-out residence boasts exquisite quartz finishes, complemented by a 165Sf private terrace for a tranquil outdoor retreat! Laminate through-out 1st & 2nd floor! 9ft ceiling on 1st &2nd floor! Stainless steel appliances! Eat-in open concept modern kitchen with quartz counter top centre island! W/O to huge terrace! Spacious great room with bright south view! Master bedroom with 4 pc ensuite and walk-in closet! Laundry on 3rd floor! Inside access to the garage! The convenience of two parking spots! Visit parking space on site! This townhouse located in a prime area, it offers unparalleled convenience within walking distance to GO Transit, Schools, groceries, restaurants, and recreation facilities! A Tim Hortons and McDonald's are just steps away across the road!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeAtt/Row/Townhouse
Style3-Storey
Approx. Age0-5
Size1500-2000 sq. ft.
Property Tax$5,628
Lot Size18.06 ft x 66.93 ft
mls© NumberN14091328
Listed ByAIMHOME REALTY INC.

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%
$4,392
Property tax
$469
Heat allowance
$150
Housing costs
$5,011 / mo

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

Down payment20% · $171,600
25-yr amortization

Income needed

$154,000

gross annual household income

Payment at 4%
$3,611 / mo
Cash down
$171,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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