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New2 hours ago

41 Ringley Avenue

Stonegate-Queensway, Toronto

$1,499,000

Detached|Bungalow
2 | 3 | 7
About this home

This is a home that has been thoughtfully renovated from top to bottom, with an addition that has created more space and flexibility to create a home that really works. Every space in the home has been well planned, with a layout that is both functional and spacious. From the moment you walk in, the vaulted ceilings, exposed beams and skylights give the main floor a warm and welcoming feel. The custom kitchen is the heart of the home, with a large island, quality finishes and plenty of room for everyone to gather, all centred around a natural stone fireplace with an oversized Napoleon natural gas insert. The main floor also features spacious bedrooms, each with custom built in closets, including a beautiful primary bedroom with its own ensuite and additional walk in closet, along with the convenience of main floor laundry. The renovation continues into the basement, where the addition has created more space, higher ceilings and more above grade windows, along with beautifully finished living space, a large bedroom, bathroom and walkup to the backyard. There is also plenty of flexibility for how the space can be used, with rough ins already in place for a secondary kitchen and laundry, should you want to add them in the future. Outside, the covered front porch adds to the charm of the home, while the spacious covered back cedar deck and private backyard are made for summer evenings, BBQs and time with family. The newly built detached garage is another great bonus, offering parking, a dedicated electrical panel and plenty of extra storage. With an extensive, fully permitted renovation completed throughout, including a new roof, spray foam insulation throughout, new electrical and plumbing, new HVAC, windows, doors and finishes, this is a home where the big work has already been taken care of. All that's left to do is move in and make it your own!

Extras

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  • Sat, Oct 3

    2:00 PM – 4:00 PM

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Got questions?

Contact Jonathan directly.

agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$6,417
Lot Size37.82 ft x 150 ft
mls© NumberW13844434
Listed ByROYAL LEPAGE REAL ESTATE ASSOCIATES

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%
$7,673
Property tax
$535
Heat allowance
$150
Housing costs
$8,357 / mo

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

Down payment20% · $299,800
25-yr amortization

Income needed

$257,000

gross annual household income

Payment at 4%
$6,308 / mo
Cash down
$299,800

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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