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Listed 8 days ago

507 Morrison Road

, Kitchener

$2,895,000

Detached|2-Storey
4 | 6 | 9
About this home

Originally envisioned by Harvey J. Sims, Esquire as his private country estate THE GRAND MANORS of SIMS' ESTATES has evolved into a distinguished residential enclave. Created around the historically iconic Sims' Estate this exquisite community jewel was thoughtfully planned to preserve its extraordinary natural surroundings, where the Grand River, Chicopee Creek ravine, mature forests & Walter Bean Grand River Trail frame a limited collection of extraordinary residences. Steeped in history & surrounded by nature it remains one of the Region's most coveted estate enclaves. Distinctively Grand stone residence custom built by Klondike Homes this exceptional residence offers 4 bed/6 bath & an uncompromising level of craftsmanship throughout. Designed for everyday living & elegant entertaining, timeless architecture blends with meticulous attention to detail. The welcoming foyer opens into this gorgeous dwelling, main level 10-foot ceilings, spectacular great room w/oversized windows & fireplace. Dining room w/servery flows seamlessly into the heart of the home. Beautifully crafted Chervin Kitchen featuring premium appliances, quartzite island & gorgeous custom cabinetry. Reflecting the home's commitment to quality craftsmanship, every bathroom was also custom designed and crafted by Chervin Kitchen & Bath. Privately positioned on the main floor, the primary suite offers a peaceful retreat w/spa-inspired ensuite & spacious walk-in closet. Upstairs, 3 generous bedrooms each feature their own private ensuite bathroom & walk-in closet. The lower level extends the home's versatility w/rec room, games area, gym, 3 pc bathroom & additional unfinished space for 5th bedroom. Beautifully landscaped grounds framed by mature trees create a private backyard setting complete w/ hot tub. Private 0.37 acre lot w/greenspace beyond w/southwest exposure, an idyllic lot for a swimming pool. You will love this magical setting**INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$18,587
Lot Size101.94 ft x 151.87 ft
mls© NumberX13706248
Listed ByWHITNEY & COMPANY REALTY LIMITED

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%
$14,818
Property tax
$1,549
Heat allowance
$150
Housing costs
$16,517 / mo

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

Down payment20% · $579,000
25-yr amortization

Income needed

$508,000

gross annual household income

Payment at 4%
$12,183 / mo
Cash down
$579,000

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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