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New5 days ago

363 Penn Avenue

Bristol-London, Newmarket

$1,579,000

Detached|2-Storey
4 | 7 | 4
About this home

4 year old custom home on a 50 x194 ft deep lot with no rear neighbours! Offering, elegant luxury living, this 4+2 bed, 7 bath home features a grand 21ft foyer, floating stairs & an open-concept layout. The chef's kitchen boasts a 10ft island & flows to a private sundeck. Retreat to the lavish primary suite with a spa-like ensuite & heated floors. The finished walk-up basement features a 2nd kitchen acts as the perfect in-law suite!

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age0-5
Size3500-5000 sq. ft.
Property Tax$12,580
Lot Size50.07 ft x 194.27 ft
mls© NumberN13624332
Listed ByEXP REALTY

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%
$8,082
Property tax
$1,048
Heat allowance
$150
Housing costs
$9,280 / mo

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

Down payment20% · $315,800
25-yr amortization

Income needed

$286,000

gross annual household income

Payment at 4%
$6,645 / mo
Cash down
$315,800

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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