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Listed 11 days ago

19 Terrastone Court

Bolton West, Caledon

$1,099,000

Detached|Bungaloft
3 | 4 | 7
About this home

Immaculate Investors dream! This luxurious turn key bungaloft home and property is located in a highly desirable family neighborhood located on a safe and quiet court for your kids enjoyment. The park is an added bonus for the kids! This upgraded home is fully tenanted with A+++ tenants and incurs a 5% cap rate on investment. You can live in and rent the other portion to obtain rental income or the tenants are willing to stay or leave. This beautiful home has been extensively renovated with porcelain tile throughout entire main level. Upgraded toilets and modern renovated 4 washrooms. Gourmet modern open concept kitchen with granite counters, integrated breakfast bar. Top of the line black stainless steel appliances included. Hardwood in living room and all 3 bedrooms. Huge 20' ceiling height and gorgeous vaulted ceilings making the space even more spacious feeling. Extras include: Pot lights and upgraded light fixtures throughout. Custom ceiling design is being installed for added luxurious design and appeal which gives you the wow factor you are looking for in your new home. Inground sprinklers with wifi timer, furnace 2016, roof shingles approx. 8 yrs, gas stove in main kitchen also has electric hook up, natural gas BBQ hook up in back yard, new sewer line Dec 2023, all attached RING security system hardware. Close to great catholic and public schools. Easy commute 30 minutes to Toronto. Minutes to downtown Bolton, restaurants, bike and walking trails and the Humber riiver. This house checks all the boxes! A must see!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungaloft
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,659
Lot Size41.34 ft x 118.19 ft
mls© NumberW13696976
Listed ByLPT REALTY

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$5,625
Property tax
$472
Heat allowance
$150
Housing costs
$6,247 / mo

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

Down payment20% · $219,800
25-yr amortization

Income needed

$192,000

gross annual household income

Payment at 4%
$4,625 / mo
Cash down
$219,800

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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