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New6 days ago

502 Townline Road

Rural Scugog, Scugog

$999,000

Detached|2-Storey
3 | 3 | 24
About this home

Charming 2,062 sq. ft. two-storey home with a finished walk-out basement, plus a detached 920 sq. ft. garage/workshop, nestled on 2.58 beautiful country acres. Features include a long tree-lined paved driveway, mature trees, professional landscaping, a fenced vegetable garden, sunroom/greenhouse, and a small spring-fed pond with private dock. Custom architecture, warmth, and character perfectly describe this unique home, offered for the first time in 50 years. Located in a desirable southern setting just north of the Hamlet of Ashburn, the property offers privacy amid a magical ravine, mature forest, large gardens, and natural surroundings-ideal for homesteading and more. The solid, well-maintained custom-built home features a unique multi-level layout above grade, three large bedrooms, and beautiful vistas from every window. Floor-to-ceiling windows in the stunning sunroom bring the outdoors in, with versatile space that can serve as a greenhouse, reading nook, family lounge, dining area, or hobby room. Great Location minutes to Lakeridge Road, Hy-Hope Farm, Dagmar Ski Resort, Lakeridge Ski Resort, Chalk Lake, Royal-Ashburn Golf Club, Oakridge Golf Club, and Crow's Pass Conservation Area and 8 Minutes to Hwy 407.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$9,598
Lot Size250 ft x 450.25 ft
mls© NumberE14107632
Listed ByROYAL LEPAGE RCR REALTY

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%
$5,113
Property tax
$800
Heat allowance
$150
Housing costs
$6,063 / mo

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

Down payment20% · $199,800
25-yr amortization

Income needed

$187,000

gross annual household income

Payment at 4%
$4,204 / mo
Cash down
$199,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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