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Listed 4 months ago

49 Maplewood Drive

Rural Amaranth, Amaranth

$1,489,990

Detached|Bungalow
3 | 3 | 10
About this home

Welcome to 49 Maplewood Drive, a rare opportunity to own a premium multi-generational country estate offering approximately 4,000 sq. ft. of finished living space, this spacious bungalow features 3+1 bedrooms and 3 full bathrooms, making it ideal for large or extended families. Perfectly located across from a new subdivision and just minutes from plaza amenities, the property combines country living with everyday convenience. The approximately 2,400 sq. ft. main level features an open-concept layout with vinyl flooring throughout, pot lights, spacious living and family rooms, and a walkout from the kitchen to an oversized deck overlooking the property-perfect for entertaining. Enjoy a landscaped front entrance with a stone walkway, outdoor sinks for gatherings, a shaded carport for four vehicles, and an attached two-car garage with built-in cabinetry. The bright, approximately 1,600 sq. ft. lower level offers a separate entrance, full kitchen, laundry, 1 bedroom, and 1 full bathroom, providing exceptional flexibility for multi-generational living or income potential. Estimated rental income is approximately $2000 per month for the lower level and approximately $3,500 per month for the main level. The seller has submitted a complete Zoning By-law Amendment application with the Township of Amaranth to recognize the existing additional residential dwelling unit, carport. Buyers are advised to complete their own due diligence regarding approvals and permitted uses.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$5,958
Lot Size205.87 ft x 350 ft
mls© NumberX13491104
Listed ByBAY STREET GROUP INC.

Listing History

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

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$7,626
Property tax
$497
Heat allowance
$150
Housing costs
$8,273 / mo

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

Down payment20% · $297,998
25-yr amortization

Income needed

$255,000

gross annual household income

Payment at 4%
$6,270 / mo
Cash down
$297,998

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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