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Listed 1 month ago

48 Morra Avenue

Bolton East, Caledon

$1,368,800

Detached|2-Storey
4 | 5 | 6
About this home

This beautiful 4 +2 bedroom, 5 bathroom home sits on a unique 154-ft deep lot (irregular) in Bolton, offering more than 3,100 sq ft of inviting, thoughtfully designed living space above grade plus another 1435sqft of finished basement area. Hand scraped hardwood floors flow through the main level, leading to a bright kitchen with high end appliances, including a gas stove and plenty of room for family meals and entertaining. Upstairs, four very large bedrooms all with access to a bathroom, large closets and even a balcony off the front room provide space for everyone, while the finished basement adds incredible flexibility. Enjoy a steam shower, heated floors, a full kitchen, a separate bedroom, a den and a huge rec room-perfect for movie nights, guests, or extended family. A warm, spacious home with room to grow and features that elevate everyday living. Outside in the backyard there is a covered concrete patio to enjoy the summer nights with friends and family. Parking for 6, 2nd floor laundry room, main floor office (that can be used as a bedroom), closets with custom built-in's, open concept living room, dining room and large separate family room - means this home will grow with you for years to come.

Extras

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age6-15
Size3000-3500 sq. ft.
Property Tax$8,138
Lot Size35.47 ft x 151.25 ft
mls© NumberW13493108
Listed ByCENTURY 21 RED STAR 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%
$7,006
Property tax
$678
Heat allowance
$150
Housing costs
$7,834 / mo

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

Down payment20% · $273,760
25-yr amortization

Income needed

$241,000

gross annual household income

Payment at 4%
$5,760 / mo
Cash down
$273,760

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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