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New2 days ago

14 Meadow Heights Court

Uplands, Vaughan

$5,699,000

Detached|2-Storey
5 | 6 | 15
About this home

This unique house is located in the heart of unique area in Thornhill . Having quick and uninterrupted access to major arteries - Yonge street , hwy7, hwy 407, at the same time ,offering rare privacy at cul de sac ,, surrounded by century old trees and Uplands golf and ski center to the west . In fact this house is the only one in the area that boasts direct access to Uplands golf and ski center through its own gate . This house boasts large 100,000 l in-ground pool with salt system, automatic sprinkler irrigation , back up generator for cases of power disruption , post lighting , Videosurveillance system , to name a few amenities . It also has Swedish sauna in the walk out basement , vine cellar , second full kitchen . Heating equipment includes 2 Japanese made tankless heaters , special water filtration system with ultraviolet light , UV light in furnace duct , water softener . The house has double roof , which never leaks , stucco all around the house , making it energy efficient during cold winters as well as hot summers - it is vey economical that way . Rarely used AC summer time. It has 4 bedrooms with full washrooms , which typically is enough for average family. Picturesque , well maintained backyard with variety of different kinds of flowers and trees, beautiful birds of different species and unusual colors visit it every day ,making this place ideal for relaxing after hard and intense work. Large driveway can accommodate up to 12 cars plus 3 own garage spaces . Large balcony, where tens of guests , literally can be accommodated , makes this ensemble really unforgettable.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size5000 + sq. ft.
Property Tax$19,577
Lot Size65 ft x 164 ft
mls© NumberN13789046
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%
$29,170
Property tax
$1,631
Heat allowance
$150
Housing costs
$30,951 / mo

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

Down payment20% · $1,139,800
25-yr amortization

Income needed

$952,000

gross annual household income

Payment at 4%
$23,982 / mo
Cash down
$1,139,800

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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