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New5 days ago

881 Danforth Place

Bayview, Burlington

$2,499,000

Detached|Bungalow
2 | 3 | 6
About this home

Absolutely Stunning Custom Built Show Home! Designed By Architect David Carruthers. This Spacious Open Concept Bungalow Boasts A Functional Floorplan With 2 Large Bedrooms On The Main Floor. Bright And Sun-filled With No Expenses Spared. High End Custom Finishes. Beautiful Open Concept Chef's Kitchen With Stainless Steel Appliances. Primary Br Features A Large Walk-In Closet and A Spa Like Ensuite Bath! Walk-Out From The Great Room To A Massive Roof-Top Deck With Breath Taking Views Overlooking Burlington Bay/Lake Ontario. Also Features Cathedral Ceilings, a professionally designed Indoor Pool, and Full Commercial Home Gym Space! This Home Has Everything You Need!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$10,225
Lot Size90 ft x 130 ft
mls© NumberW13827750
Listed ByMII REALTY POINT

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%
$12,791
Property tax
$852
Heat allowance
$150
Housing costs
$13,793 / mo

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

Down payment20% · $499,800
25-yr amortization

Income needed

$424,000

gross annual household income

Payment at 4%
$10,516 / mo
Cash down
$499,800

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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