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Rural Whitchurch-Stouffville, Whitchurch-Stouffville
$4,500,000
Excellent opportunity to acquire approximately 93 acres of prime real estate situated along the highly trafficked Highway 48 in Stouffville. The property boasts a large 50' x 80' truck garage, ideal for various uses, along with a 2-bedroom residence. With ample space for additional storage or trailers, this property offers exceptional versatility. Its proximity to Stouffville, Ballantrae, and easy access to Highway 404 enhances its accessibility, making it a great investment for a wide range of potential applications.very private setting while being directly off 48. Ideal for contractors.
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| Type | Detached |
| Style | Other |
| Approx. Age | 51-99 |
| Size | < 700 sq. ft. |
| Property Tax | $10,242 |
| Lot Size | 1359.3 ft x 2989 ft |
| mls© Number | N12966958 |
| Listed By | RE/MAX ALL-STARS 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%
- $23,033
- Property tax
- $853
- Heat allowance
- $150
- Housing costs
- $24,037 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$740,000
gross annual household income
- Payment at 4%
- $18,937 / mo
- Cash down
- $900,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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