447 Loretta Crescent
Stouffville, Whitchurch-Stouffville
$699,999
Exceptional Investment & Development Opportunity In The Heart Of Stouffville! Situated On A Premium 60' x 120' Lot, This Charming 3+2-Bedroom, 2-Bath Bungalow Offers Incredible Potential For End Users, Investors And Developers Alike. Ideally Located Just Steps To Historic Main Street, Boutique Shops, Restaurants, Schools, Parks, Transit And Everyday Amenities, This Property Is Positioned In One Of York Region's Most Desirable And Fastest Growing Communities. Features A Bright Open Concept Living And Dining Area, A Spacious Primary Bedroom, Plus A Finished Basement Walk Up Basement. Adjacent Lands May Also Be Available, Offering The Potential For A Larger Development Opportunity. A Rare Opportunity To Secure A Prime Property With Outstanding Long Term Investment And Redevelopment Potential.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,699 |
| Lot Size | 60.25 ft x 120.14 ft |
| mls© Number | N13610162 |
| Listed By | RE/MAX REALTRON REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,583
- Property tax
- $392
- Heat allowance
- $150
- Housing costs
- $4,124 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$127,000
gross annual household income
- Payment at 4%
- $2,946 / mo
- Cash down
- $140,000
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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