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New2 days ago

176 Timpson Drive

Aurora Highlands, Aurora

$1,699,000

Detached|2-Storey
5 | 5 | 6
About this home

Exec Home W/ W/O Bsmt In Sought After Aurora Highlands! Boasting Hdwd Flrs, Neutral Decor & Lrg Principle Rms Thru/O! Large Kitch W/Centre Island, S/S Appls, Pantry, Brkfst Area & Dbl French Dr W/O To Deck! Formal Lr & Dr, Over-Sized Fr W/Fp. Master Suite W/Huge W/I Closet, 5 Pc Ensuite & * 5th Bedroom * Add'l Generously Sized Bdrms - Great For The Family! Insulated & Drywalled Garage! . All bathrooms and the kitchen, were fully renovated and upgraded in 2023, including the installation of engineered hardwood flooring and complete interior painting. The windows, main entrance door, and basement patio door were upgraded to high-efficiency models in 2024.The heat pump and furnace were upgraded to high-efficiency systems in 2024.The attic insulation was upgraded to R-60 in 2023. Within close proximity to high ranking schools (Aurora High School, Wellington Public School, Talent Montesoori School)

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$6,974
Lot Size60.13 ft x 109.91 ft
mls© NumberN13742594
Listed ByRE/MAX IMPERIAL REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$8,696
Property tax
$581
Heat allowance
$150
Housing costs
$9,427 / mo

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

Down payment20% · $339,800
25-yr amortization

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 check

Investment Analysis

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

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