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Crestwood-Springfarm-Yorkhill, Vaughan
$1,699,000
Welcome to this rare fully renovated 5-bedroom, 5-bathroom detached home offering exceptional space, modern design, and income potential in a highly sought-after family-friendly neighborhood. Thoughtfully redesigned with a bright open-concept layout, this home is ideal for families, investors, or multi-generational living.* Enjoy peace of mind with major upgrades completed in 2024, including a new roof, high-efficiency heat pump, A/C, and furnace, along with a tankless water heater (2023) and new washer & dryer-delivering both comfort and energy efficiency.* The home showcases quality finishes throughout, featuring engineered hardwood flooring, a modern open design, and 5 beautifully updated bathrooms. The chef-inspired kitchen is equipped with premium Samsung appliances, including a cooktop and built-in oven/microwave combination.* The lower level offers two self-contained 1-bedroom units Generating potential rental income of approximately $3,000 per month, offering excellent income potential and valuable mortgage support.* Step outside to a private, landscaped backyard retreat, complete with a new deck, storage shed, and raised garden beds-perfect for entertaining or relaxing.* Additional upgrades include a 200-amp electrical panel with 100-amp subpanel (2022), ensuring ample capacity for today's lifestyle.* Turn-key, spacious, and income-producing-an exceptional opportunity not to be missed
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $6,762 |
| Lot Size | 39 ft x 98 ft |
| mls© Number | N13420958 |
| Listed By | LSG 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%
- $8,696
- Property tax
- $564
- Heat allowance
- $150
- Housing costs
- $9,410 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$290,000
gross annual household income
- Payment at 4%
- $7,150 / mo
- Cash down
- $339,800
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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