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Listed 11 days ago

5502 Twelve Mile Trail

Orchard, Burlington

$2,200,000

Detached|2-Storey
4 | 4 | 6
About this home

Immaculate family home on the prestigious "Twelve Mile Trail" in the Orchard. Masterfully renovated, this dwelling offers amenities to rival any custom home. A modern exterior update featuring new windows, garage doors and entry doors set the tone for this experience. The rear yard is highlighted by an in-ground salt-water pool, gazebo & landscaping all while backing onto green space. Indoors you are greeted by a crisp modern palette with herringbone floors & a gas fireplace to bring warmth. A full kitchen remodel creates the perfect space to cook and stay connected with family while over-looking the family room and backyard. The upper floor features 4 large bedrooms, including a true primary retreat with a large soaking tub and large steam shower. Heart-warming features such as a dog wash and lower level play room make this truly a place to call home. Come and see for yourself.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. Age16-30
Size2500-3000 sq. ft.
Property Tax$7,530
Lot Size42.98 ft x 109.25 ft
mls© NumberW13820286
Listed BySotheby's International Realty Canada, Brokerage

Listing History

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  • 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%
$11,261
Property tax
$628
Heat allowance
$150
Housing costs
$12,038 / mo

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

Down payment20% · $440,000
25-yr amortization

Income needed

$370,000

gross annual household income

Payment at 4%
$9,258 / mo
Cash down
$440,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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