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Listed 3 months ago

68 Alana Drive

Centre Vespra, Springwater

$1,950,000

Detached|2-Storey
5 | 7 | 12
About this home

Welcome to this impressive two-storey brick estate, thoughtfully designed for space, flexibility, and everyday practicality. Set on a private 0.859-acre lot in a quiet estate neighbourhood, this property offers over 7,000 sq. ft. of finished living space, making it an excellent fit for large or multi-generational families seeking room to grow without sacrificing convenience.The classic red brick exterior, triple-car garage, and expansive interlock driveway create strong curb appeal and long-term durability. Mature trees and established landscaping provide privacy and a peaceful setting. Despite the serene surroundings, the home remains close to shopping, schools, and daily amenities, striking a rare balance between space and accessibility.Inside, the well-planned layout supports both daily living and entertaining. The main residence includes four generous bedrooms, formal living and dining rooms, and a separate main-floor family room-ideal for busy households and larger gatherings. The kitchen features ample cabinetry and a bright breakfast area with direct access to the yard. The fully finished walkout basement adds exceptional versatility with a large recreation room, built-in bar, and multiple seating areas-perfect for entertaining, hobbies, or family movie nights. A key highlight is the self-contained one-bedroom suite, located above grade with its own private entrance and access to a separate lower-level games room with walkout. This space is well suited for in-laws, adult children, or extended family, offering privacy and independence while remaining connected to the main home. Multiple fireplaces add warmth throughout, and the adaptable floor plan easily supports evolving family needs, remote work, or long-term multi-generational living. A rare estate property that delivers space, privacy, and proximity to amenities-built to support real life at every stage.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$8,450
Lot Size101.71 ft x 291.08 ft
mls© NumberS13536438
Listed ByROYAL LEPAGE FIRST CONTACT REALTY

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%
$9,981
Property tax
$704
Heat allowance
$150
Housing costs
$10,835 / mo

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

Down payment20% · $390,000
25-yr amortization

Income needed

$333,000

gross annual household income

Payment at 4%
$8,206 / mo
Cash down
$390,000

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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