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Price Change$5,850,000

2105-2065 19th Side Road

Rural King, King

$5,350,000

Detached|2 1/2 Storey
6 | 6 | 12
About this home

An action packed country property for the outdoor lifestyle enthusiast. 2 detached legal homes! 2 barns. Pond. Huge views. Tennis court. Indoor salt water pool complex! Come see this 25 acre property located in a prime location on the19th Sideroad. Minutes to Hwy 400, Aurora, top schools and great golf courses. The views from the main house are superb and overlook the protected lands held by the University of Toronto. Newly renovated kitchen and bathrooms. Elegant living spaces, multiple fireplaces and all rooms have impressive views. The outdoor stone terrace is a favorite summer dining area. Significant income from the 2nd home rental and the stable rental. Large indoor and outdoor riding arenas. Tenant willing to stay or vacant occupancy can be provided. Come see this serene setting close. Large estates as neighbours.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2 1/2 Storey
Approx. AgeNot available
Size5000 + sq. ft.
Property Tax$9,353
Lot Size820 ft x 1338 ft
mls© NumberN13044502
Listed ByMOFFAT DUNLAP REAL ESTATE LIMITED

Listing History

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

Schools

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What the bank counts

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

Mortgage, tested at 6%
$27,384
Property tax
$779
Heat allowance
$150
Housing costs
$28,313 / mo

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

Down payment20% · $1,070,000
25-yr amortization

Income needed

$871,000

gross annual household income

Payment at 4%
$22,514 / mo
Cash down
$1,070,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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