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Listed 5 months ago

1109 Ravenshoe Road

Rural East Gwillimbury, East Gwillimbury

$1,799,000

Detached|Bungalow-Raised
3 | 5 | 14
About this home

Escape The Ordinary With This 5-Acre Property Offering Endless Possibilities! Whether You Need Room For A Business Yard, Extra Storage, Or Dream Of A Future Hobby Farm, This One Has It All. A 30' X 30' Insulated Garage, Multiple Outbuildings, And A Driveway That Fits 10+ Vehicles Make It A Standout. Enjoy Summer Days On The Expansive Deck Overlooking The Above-Ground Pool And Evenings Surrounded By Peace And Privacy. Inside, The 2,473 Sq. Ft. Bungalow Features A Functional Mudroom With Built-Ins, A Renovated Kitchen, And A Bright Open-Concept Living And Dining Room With Fireplace. The Primary Suite Boasts A Walk-Out To The Deck, Large Walk-In Closet, And 4-Piece Ensuite, With Two More Bedrooms, Two Full Baths, And An Office/Flex Space Completing The Main Floor. The Separate Finished Walk-Up Basement With Its Own Entrance Adds Another 1,218 Sq. Ft. Of Flexible Living Space, Including 3 Bedrooms, A Family Room, Dining Area, And Plenty Of Storage - An Ideal Setup For Visiting Extended Family Or Future Multi-Generational Living (Not Currently A Legal Apartment). All This, Directly Across From West Park And Just Down The Road From Lake Simcoe, Makes This A True Country Escape With Room To Live, Work, And Grow!

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow-Raised
Approx. Age51-99
Size2000-2500 sq. ft.
Property Tax$6,725
Lot Size165.07 ft x 1318.48 ft
mls© NumberN12860486
Listed ByLPT REALTY

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%
$9,208
Property tax
$560
Heat allowance
$150
Housing costs
$9,919 / mo

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

Down payment20% · $359,800
25-yr amortization

Income needed

$305,000

gross annual household income

Payment at 4%
$7,570 / mo
Cash down
$359,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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