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Price Change$1,399,000

56 Redmond Crescent

Centre Vespra, Springwater

$1,490,000

Detached|2-Storey
5 | 6 | 12
About this home

Rarely Available 85-Ft x 145-Ft Lot In Prestigious Stonemanor Woods! Original Owner Of This 5-Bedroom Executive Home, Featuring Approximately 4,200 Sq. Ft. Above Grade Plus A Full Basement And A 4-Car Garage.** One Of The Largest Lots In The Community. Hardwood Flooring Throughout. 10-Ft Ceiling on Main Floor. Private Office With Double French Doors .The Living Room Combined with Dining Room Is Accented By A Distinctive Oval Ceiling Detail, Adding Architectural Character To The Space. The Family Room Features A Cozy Fireplace And Large Windows Overlooking The Backyard. The Open-Concept Kitchen Features A Large Centre Island, Ample Cabinetry And Pot Lights, The Breakfast Area With A Walk-Out To The Fully Fenced Backyard. The Elegant Curved Hardwood Staircase With Wrought Iron Railings Leads To The Second Floor, Featuring 9-Ft Ceilings And Pot Lights Throughout The Hallway. All Five Bedrooms Are Generously Sized And Each Features Its Own Private Ensuite Bathroom, Providing Privacy And Convenience For Family Members And Guests. The Unfinished Basement Has 9-Ft Ceilings Offers Excellent Potential For Future Customization. Large Private Driveway Accommodates 10+ Cars, In Addition To The 4-Car Garage**South-Facing, No Sidewalk.** Tankless Hot Water Heater. *Virtually Staged Photos Are For Reference Only.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$8,564
Lot Size85 ft x 145 ft
mls© NumberS13741744
Listed BySMART SOLD 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%
$7,626
Property tax
$714
Heat allowance
$150
Housing costs
$8,490 / mo

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

Down payment20% · $298,000
25-yr amortization

Income needed

$261,000

gross annual household income

Payment at 4%
$6,270 / mo
Cash down
$298,000

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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