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New3 days ago

353 Cedar Hedge Road

1027 - CL Clarke, Milton

$1,249,000

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

Would you love to live in an affordable detached home with a 2 car garage, 7 bedrooms, 4 washrooms and over 3200 sqft of luxury, all located in the highly desirable Clarke neighboorhood of Milton? Welcome to 353 Cedar Hedge Road. This bright and modern home sits on a 36ft wide by 89ft deep lot and features a 2 car garage, a large driveway and a private backyard for entertaining. This home is conveniently located close to many major amentities, such as highways, top rated schools, parks, community centres, libraries, churches, shopping, fine dining, public transit and much more. This modern home has over $100,000 of quality upgrades and premiums which include: 9 foot ceilings, hardwood floors, a gourmet kitchen stainless steel appliances and much more. The one feature of this home that adds the most value is the professionally finished legal basement apartment with separate entrance. This has the potential to generate $2000 per month in rental income for the owner, which makes this home much more affordable.

Extras

No extras listed.

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Open houses

  • Sat, Sep 19

    2:00 PM – 4:00 PM

  • Sun, Sep 20

    2:00 PM – 4:00 PM

Or pick a time that works for you.

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. Age6-15
Size2000-2500 sq. ft.
Property Tax$5,625
Lot Size35.99 ft x 88.58 ft
mls© NumberW13791358
Listed ByRE/MAX EXPERTS

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%
$6,393
Property tax
$469
Heat allowance
$150
Housing costs
$7,012 / mo

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

Down payment20% · $249,800
25-yr amortization

Income needed

$216,000

gross annual household income

Payment at 4%
$5,256 / mo
Cash down
$249,800

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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Comparable sales

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