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Listed 1 month ago

550 Bert Budd Avenue

Gorham-College Manor, Newmarket

$1,199,000

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

Beautiful 4-bedroom brick home with a finished basement in the highly sought-after College Manor! Bright, functional layout with hardwood floors and California shutters throughout. Features a spacious dining room with French doors, cozy family room with gas fireplace, and a modern eat-in kitchen with quartz counters, stainless steel appliances, gas stove, breakfast bar, and walk-out to a private landscaped backyard with deck-perfect for summer entertaining. Upstairs offers generously sized bedrooms, including a primary suite with double door entry, walk-in closet, and 4-piece ensuite. Separate garage entrance leads to a fully finished basement complete with a rec room, wet bar, 3-piece bath, and bonus office or workout space. Prime location close to top schools, Magna Centre, shopping, transit. A true turnkey family home ready to move in and enjoy.

Extras

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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. Age16-30
Size2000-2500 sq. ft.
Property Tax$6,045
Lot Size31.52 ft x 110.85 ft
mls© NumberN13519236
Listed ByRE/MAX Jazz 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%
$6,137
Property tax
$504
Heat allowance
$150
Housing costs
$6,791 / mo

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

Down payment20% · $239,800
25-yr amortization

Income needed

$209,000

gross annual household income

Payment at 4%
$5,046 / mo
Cash down
$239,800

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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