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Listed 14 days ago

1002 Oaktree Crescent

Summerhill Estates, Newmarket

$998,000

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

Beautifully Renovated 4+1 Bedroom Home Nestled On A Quiet Crescent In A Private Enclave Neighbourhood, Close To The Ravine. This Bright And Spacious Home Offers A Practical, Family-Friendly Layout With Hardwood Flooring Throughout The Main And Second Levels. The Stunning Open-Concept Kitchen Features Stainless Steel Appliances, Quartz Countertops, A Custom Backsplash, Breakfast Area And Walkout To A Private Backyard With A Wood Deck. The Sun-Filled Lounge, Currently Used As A Dining Room, Offers Incredible Flexibility As A Fifth Bedroom, Games Room, Home Office Or Additional Family Room. The Main-Floor Family Room Showcases A Beautiful Stone Feature Wall And Built-In Fireplace, Complemented By Smooth Ceilings And Pot Lights. A Separate Second-Floor Living Room Provides Even More Space For The Family. The Primary Bedroom Features His-And-Hers Closets And A Luxurious 5-Piece Ensuite. The Finished Basement With A Separate Side Entrance Offers Excellent Income Or In-Law Suite Potential, Complete With An Additional Bedroom, Bathroom And Its Own Washer And Dryer. A Move-In-Ready Home Perfect For Any Family!

Extras

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agent
Macallum Tepsich
(647) 326-2579

This seller is likely holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$6,443
Lot Size37.07 ft x 86.94 ft
mls© NumberN13808180
Listed ByKELLER WILLIAMS REFERRED URBAN REALTY

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%
$5,108
Property tax
$537
Heat allowance
$150
Housing costs
$5,795 / mo

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

Down payment20% · $199,600
25-yr amortization

Income needed

$178,000

gross annual household income

Payment at 4%
$4,200 / mo
Cash down
$199,600

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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