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New2 days ago

118 George McRae Road

Blue Mountains, Blue Mountains

$3,490,000

Detached|2-Storey
6 | 7 | 15
About this home

Set high on the hillside overlooking Georgian Bay, this custom-built six-bedroom, seven-bathroom residence by Steve Young Construction offers a four-season setting adjacent to the The Georgian Peaks Club and with golf cart access to The Georgian Bay Club. Expansive windows and seamless indoor-outdoor spaces frame panoramic views of Georgian Bay and the Escarpment, while a permanent Greenbelt along the east side provides privacy and a natural sense of seclusion. Inside, the second level is designed around a custom walnut kitchen with integrated appliances and a generous pantry, opening to spacious living and dining areas. Floor-to-ceiling sliding glass doors lead to north-facing balconies from both the living room and primary suite. The primary features two walk-in closets and a luxurious six-piece ensuite. A private office and powder room complete the upper level. The main floor is centred around an open-concept living space with four walk-outs to the rear deck, extending the living space outdoors with a sauna and hot tub. An ensuite bedroom, two additional bedrooms and bathrooms, a mudroom and laundry room with direct access to the three-car garage complete the main level. The fully finished lower level features 9' ceilings and offers two additional bedrooms and bathrooms, as well as generous areas for a home theatre and gym. Thoughtfully designed for both everyday living and effortless entertaining, this Ridge Estates residence pairs distinguished architecture and Georgian Bay sunsets with direct access to the area's most renowned amenities.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$1,673
Lot Size114.8 ft x 213.9 ft
mls© NumberX13858494
Listed ByRE/MAX Four Seasons Realty Limited

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%
$17,863
Property tax
$139
Heat allowance
$150
Housing costs
$18,153 / mo

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

Down payment20% · $698,000
25-yr amortization

Income needed

$559,000

gross annual household income

Payment at 4%
$14,686 / mo
Cash down
$698,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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