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Listed 15 days ago

16 Morningstar Avenue

Rolling Acres, Whitby

$1,250,000

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

4 Year New House Offered At Unbeatable Value, Location, And Income Potential For Families From Ajax And Durham Region. This Home Offers A Large 2-Story Layout, Detached Double Car Garage, 4 Bedrooms, 3.5 Bathrooms, And A Finished Basement With Separate Side Entrance, Providing Flexible Space For Multi-Generational Living Or Future Rental Income. Situated In Whitby's Rolling Acres, A Family-Friendly Neighbourhood With Great Schools, Parks, Trails, Transit, And Easy Access To Highways, It Delivers Daily Convenience And Long-Term Resale Value.

Extras

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. Age0-5
Size1500-2000 sq. ft.
Property Tax$8,073
Lot Size39.37 ft x 111.55 ft
mls© NumberE13587842
Listed ByHOMELIFE/CIMERMAN REAL ESTATE LIMITED

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%
$6,398
Property tax
$673
Heat allowance
$150
Housing costs
$7,221 / mo

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

Down payment20% · $250,000
25-yr amortization

Income needed

$222,000

gross annual household income

Payment at 4%
$5,260 / mo
Cash down
$250,000

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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