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1009 - JC Joshua Creek, Oakville
$2,380,000
Exceptionally Renovated Fernbrook Kingswood home on a premium 50' x 118' lot with rare 3-car tandem space garage and finished walkout basement featuring a second kitchen, office, and full bath. Steps to top-rated schools. Main floor offers 9-ft ceilings, hardwood flooring, crown moulding, formal living and dining rooms, a dramatic two-storey den, and a renovated island kitchen with quartz counters, upgraded appliances, and walkout to an upgraded deck. Upper level features 4 spacious bedrooms, 3 full baths, and a luxurious primary retreat with sitting area and renovated ensuite. Extensive upgrades include a new roof (2026), furnace, water softener, HRV/air filtration system, premium flooring, designer lighting, custom closets, and landscaped backyard. A turnkey family home combining style, comfort, and functionality.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $12,182
- Property tax
- $1,034
- Heat allowance
- $150
- Housing costs
- $13,366 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$411,000
gross annual household income
- Payment at 4%
- $10,015 / mo
- Cash down
- $476,000
Assumes no other monthly debts · 25-yr amortization
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