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Listed 11 days ago

166 Forbes Terrace

1036 - SC Scott, Milton

$1,449,000

Detached|2-Storey
4 | 5 | 4
About this home

Welcome to this Heathwood Traditions- Forest Collection, Cloverdale model-an exceptional home backing onto the forest, perfectly designed for family living and effortless entertaining. Located in the highly sought after Scott neighbourhood, this spacious home features: 4+1 bedrooms and 4.5 bathrooms, and has over 3500 square feet of living space. Espresso hardwood flooring throughout the main floor and upper floor, Custom built-in closets in the primary bedroom suite, The Main-floor highlights including a recently finished private home office with scenic forest views and an updated, functional mudroom. A finished basement with an additional bedroom, full bathroom, and a spacious laundry room plus a large rec room. Enjoy this incredible neighbourhood with convenience with a short walk to the Sherwood Community Centre, the public library, and vibrant downtown Milton. Top-rated schools, family parks, and local conservation areas are also just minutes away.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age16-30
Size2500-3000 sq. ft.
Property Tax$6,096
Lot Size43.05 ft x 100.98 ft
mls© NumberW13867076
Listed ByREVEL REALTY INC.

Listing History

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  • 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%
$7,417
Property tax
$508
Heat allowance
$150
Housing costs
$8,075 / mo

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

Down payment20% · $289,800
25-yr amortization

Income needed

$248,000

gross annual household income

Payment at 4%
$6,098 / mo
Cash down
$289,800

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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