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New4 days ago

2 Gram Street

Maple, Vaughan

$2,159,999

Detached|Bungalow
3 | 3 | 6
About this home

Welcome to 2 Gram Street, a beautifully updated detached bungalow situated on a massive 108 x 143 ft lot in Vaughan's highly desirable Maple community. Offering unmatched versatility, this property presents a rare opportunity for end-users, multi-generational families, and investors alike-whether you are looking to offset your mortgage with high-yield rental income, house extended family, or capitalize on future expansion potential on an expansive lot.Key Highlights & Opportunities:Main Floor Living: Bright and airy layout featuring neutral tones, pot lights, newer laminate flooring, and large windows that flood the home with natural light. Includes a modern kitchen with updated cabinetry and stainless steel appliances, plus 3 comfortable bedrooms.Finished Basement: Adds 2 additional bedrooms, a large recreation area, and a 3-piece bathroom-ideal for extended family, guest suites, or a second private living space.Private Above-Grade Studio Unit: A standout feature offering a private entrance, second kitchen, open-concept living, stylish bathroom with glass shower, and separate laundry-providing an ideal turn-key mortgage helper or secondary suite opportunity.Massive Lot & Outdoor Setup: Enjoy an expansive private backyard ideal for outdoor recreation, entertaining, or potential future development. Includes an attached double garage, garden shed, and a driveway accommodating up to 4 vehicles.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$6,406
Lot Size108.59 ft x 143.04 ft
mls© NumberN14156314
Listed ByRE/MAX MILLENNIUM REAL ESTATE

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%
$11,056
Property tax
$534
Heat allowance
$150
Housing costs
$11,740 / mo

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

Down payment20% · $432,000
25-yr amortization

Income needed

$361,000

gross annual household income

Payment at 4%
$9,090 / mo
Cash down
$432,000

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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