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Listed 1 month ago

16 Althorp Drive

Orangeville, Orangeville

$949,000

Detached|Backsplit 4
3 | 3 | 4
About this home

Welcome to this well-maintained 4 level open concept backsplit, lovingly cared for by its original owners for 23 years in Orangeville's sought after west end. Located on a quiet street in an established neighbourhood, this spacious home offers a functional layout, generous living space and numerous updates. The bright main level features a spacious living room with ceramic flooring, large window and electric fireplace, flowing into the dining area and kitchen with generous cabinetry, breakfast bar and sliding glass doors leading to the deck and private rear yard. The dining area overlooks the large lower family room, creating an open and connected feel. The lower level offers a generous family room with laminate flooring, natural gas fireplace and a bright walkout to the newer fully fenced backyard. Mature fruit trees provide shade and a great setting for outdoor entertaining. Convenient main-floor laundry with cabinetry is combined with a 3-piece bathroom. Upstairs you'll find three bedrooms, including a spacious primary with 4-piece ensuite and walk-in closet. A second 4 piece bathroom serves the additional bedrooms. Both bathrooms feature upgraded sinks and painted vanities (2020). The finished basement provides additional living space with a rec room, built in storage, large multipurpose room and access to a sizeable cold cellar. The utility room includes a sink and built-in shelving. Enjoy the convenience of an attached 2-car garage, driveway parking and a private fenced yard. Updates include furnace (2025), windows (2016, excluding basement), glass doors (2021) and shingles (2018). Ideally located close to schools, shopping, recreation centre, parks, trails and public transit. A fantastic opportunity to own a spacious, well-maintained original owner home in a convenient location.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBacksplit 4
Approx. Age16-30
Size2000-2500 sq. ft.
Property Tax$6,671
Lot Size40.06 ft x 114.93 ft
mls© NumberW13693604
Listed ByKeller Williams Home Group Realty

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$4,857
Property tax
$556
Heat allowance
$150
Housing costs
$5,563 / mo

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

Down payment20% · $189,800
25-yr amortization

Income needed

$171,000

gross annual household income

Payment at 4%
$3,994 / mo
Cash down
$189,800

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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