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New4 days ago

36 Coldstream Crescent

Devonsleigh, Richmond Hill

$1,499,999

Detached|2-Storey
4 | 5 | 8
About this home

Welcome to this beautifully upgraded, carpet-free home where luxury meets everyday comfort.Thoughtfully renovated with premium finishes throughout, this exceptional residence featuresengineered hardwood flooring, smooth ceilings with dimmable pot lights, a stunning 17-footfoyer highlighted by a designer chandelier& elegant woodwork,elegant Roberto Cavalli porcelaintiles at the entrance, custom double front doors, a modern wood and iron staircase, and adesigner powder room vanity that creates an impressive first impression.chef-inspired kitchen features a built-in cooktop, an oversized centre island with ampleseating, perfect as a breakfast table and gathering space, man made quartz countertop, abuilt-in wine cellar, and built-in speakers extending into the kitchen, family room, andprimary ensuite. The luxurious primary retreat offers heated floors in master ensuite,afreestanding soaker tub,glass shower for a true spa-like experience. Additional highlightsinclude two laundry rooms (upper and basement), a fireplace, Nest thermostat, Ringdoorbell,carbon monoxide detector,a 4K security camera system,and a high-efficiency owned hotwater tank (2022).A separate entrance leads to two self-contained basement suites-a 2-bedroom, 1-bath unit and a1-bedroom,1-bath unit-currently generating approximately *$3,000/month*in rental income withAAA tenants,offering an exceptional mortgage helper or investment opportunity.Step outside to your private backyard oasis,professionally landscaped with interlock, aspacious gazebo, mature trees, lush landscaping, and the perfect blend of lawn and stone forentertaining and relaxing. The widened interlock driveway and exterior pot lights enhance thehome's outstanding curb appeal. Major updates include high-efficiency owned hot water tank(2018),A/C(2022),backyard interlock (2022),roof(2018),gazebo(2024),and Updated windows.A rareturnkey home combining luxury finishes, smart-home features, and outstanding income potential

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$8,315
Lot Size40.2 ft x 115.43 ft
mls© NumberN13780282
Listed ByHOMELIFE LANDMARK REALTY INC.

Listing History

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

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What the bank counts

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

Mortgage, tested at 6%
$7,678
Property tax
$693
Heat allowance
$150
Housing costs
$8,521 / mo

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

Down payment20% · $300,000
25-yr amortization

Income needed

$262,000

gross annual household income

Payment at 4%
$6,312 / mo
Cash down
$300,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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