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Listed 8 days ago

56 Fountainbridge Drive

Bolton East, Caledon

$1,249,000

Detached|2-Storey
4 | 4 | 6
About this home

Welcome to 56 Fountainbridge Drive, a detached 2-storey brick home on Bolton's South Hill with no houses behind for extra privacy. This home offers about 3209 sq ft Livable area (2264Sqft above grade & 945 Legal Basement Apartment) and 4 good-size bedrooms. The main floor has a combined living and dining room with hardwood floors, a family room with a gas fireplace and walkout to the yard, and a kitchen with a breakfast area that walks out to the deck. The large primary bedroom has a 4-piece ensuite and a walk-in closet. The basement is a legal 2-bedroom apartment, great for extended family or rental income to help with the mortgage. The big items are already done, with a new roof in 2025 (papers available), a new furnace in 2024, and a new dishwasher and stove in 2026. Attached double garage and a double driveway with parking for 4 cars. Central air and gas heating on a 44.29 x 122.60 ft lot. Walk to schools, church, shops, supermarket and parks. Quiet and friendly family neighborhood with easy access to Highway 50 and a short drive to Highway 427. A great home for a growing family or a buyer looking for income.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age31-50
Size2000-2500 sq. ft.
Property Tax$5,962
Lot Size44.29 ft x 122.6 ft
mls© NumberW13874110
Listed ByCENTURY 21 RED STAR REALTY INC.

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

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

Mortgage, tested at 6%
$6,393
Property tax
$497
Heat allowance
$150
Housing costs
$7,040 / mo

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

Down payment20% · $249,800
25-yr amortization

Income needed

$217,000

gross annual household income

Payment at 4%
$5,256 / mo
Cash down
$249,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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