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New6 days ago

74 Downey Drive

Bolton East, Caledon

$799,000

Detached|2-Storey
3 | 1 | 8
About this home

Welcome to 74 Downey Drive, an excellent opportunity to own a detached home in a convenient and family-friendly Bolton neighbourhood. This three-bedroom home offers a functional layout with plenty of potential to update, personalize and make your own. The kitchen features stainless steel appliances, granite countertops and ample cabinet space, while the bright living area overlooks a private backyard surrounded by mature trees, creating a peaceful setting for everyday living. The finished walkout basement provides valuable additional living space and direct access to the backyard, making it ideal for a family room, home office, play area, fitness space or entertainment room. With no homes directly behind, the backyard offers added privacy and plenty of room to relax, entertain guests, garden or enjoy time outdoors with family and friends. Ideally located within walking distance of schools, parks, shops, restaurants and everyday amenities, this home combines the convenience of an established neighbourhood with the opportunity to create a space that reflects your own personal style. Whether you are a first-time buyer, a growing family or simply looking for a detached home in Bolton, 74 Downey Drive offers comfort, flexibility and plenty of future potential. Note: Some photos virtually staged.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age31-50
Size700-1100 sq. ft.
Property Tax$4,135
Lot Size50 ft x 100 ft
mls© NumberW13622252
Listed ByRE/MAX EXPERTS

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%
$4,090
Property tax
$345
Heat allowance
$150
Housing costs
$4,584 / mo

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

Down payment20% · $159,800
25-yr amortization

Income needed

$141,000

gross annual household income

Payment at 4%
$3,362 / mo
Cash down
$159,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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