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Listed 9 days ago

447 Loretta Crescent

Stouffville, Whitchurch-Stouffville

$699,999

Detached|Bungalow-Raised
3 | 2 | 5
About this home

Exceptional Investment & Development Opportunity In The Heart Of Stouffville! Situated On A Premium 60' x 120' Lot, This Charming 3+2-Bedroom, 2-Bath Bungalow Offers Incredible Potential For End Users, Investors And Developers Alike. Ideally Located Just Steps To Historic Main Street, Boutique Shops, Restaurants, Schools, Parks, Transit And Everyday Amenities, This Property Is Positioned In One Of York Region's Most Desirable And Fastest Growing Communities. Features A Bright Open Concept Living And Dining Area, A Spacious Primary Bedroom, Plus A Finished Basement Walk Up Basement. Adjacent Lands May Also Be Available, Offering The Potential For A Larger Development Opportunity. A Rare Opportunity To Secure A Prime Property With Outstanding Long Term Investment And Redevelopment Potential.

Extras

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agent
Angela Montano
(647) 283-2643

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,699
Lot Size60.25 ft x 120.14 ft
mls© NumberN13610162
Listed ByRE/MAX REALTRON REALTY INC.

Listing History

  • No recent sale history for this listing.
  • 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%
$3,583
Property tax
$392
Heat allowance
$150
Housing costs
$4,124 / mo

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

Down payment20% · $140,000
25-yr amortization

Income needed

$127,000

gross annual household income

Payment at 4%
$2,946 / mo
Cash down
$140,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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