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Listed 21 days ago

353 CEDAR HEDGE Road

1027 - CL Clarke, Milton

$1,264,900

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

Rare Opportunity! Stunning Detached Home Featuring a Professionally Finished Legal Basement Apartment with Separate Front Entrance, Private Laundry, Full Kitchen, Full Bathroom, Large Above-Grade Windows, and 3 Spacious Bedrooms. Previously Rented for Approximately $2,000 Per Month, This Exceptional Space Offers Excellent Income Potential and Is Ideal for Investors, Multi-Generational Families, or Homeowners Seeking a Mortgage Helper.Offering Over 3,200 Sq. Ft. of Finished Living Space, This Beautifully Maintained Home Showcases 9-Ft Ceilings, Hardwood Flooring, Elegant Oak Staircase, Spacious Principal Rooms, and a Highly Desirable Main-Floor Office That Can Easily Serve as a Bedroom for Seniors, Guests, or Anyone Seeking Convenient Main-Floor Living.The Upper Level Features 4 Generously Sized Bedrooms, Including a Luxurious Primary Retreat with a Walk-In Closet and 5-Piece Ensuite, Plus the Convenience of Second-Floor Laundry.Located in a Family-Friendly Neighbourhood Close to Top-Rated Schools, Parks, Trails, Shopping, Libraries, Milton GO Station, and Major Highways. Minutes to Oakville with Easy Access to Mississauga, Toronto, and Waterloo.An Exceptional Opportunity Combining Space, Flexibility, and Significant Income Potential Under One Roo

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. Age6-15
Size2000-2500 sq. ft.
Property Tax$5,625
Lot Size35.99 ft x 88.58 ft
mls© NumberW13564244
Listed ByRE/MAX REAL ESTATE CENTRE 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%
$6,474
Property tax
$469
Heat allowance
$150
Housing costs
$7,093 / mo

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

Down payment20% · $252,980
25-yr amortization

Income needed

$218,000

gross annual household income

Payment at 4%
$5,323 / mo
Cash down
$252,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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