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Listed 12 days ago

3340 Ferris Street

Alton, Burlington

$1,549,888

Detached|2-Storey
5 | 6 | 5
About this home

PROFESSIONALLY FINISHED BASEMENT ( $85000) Features Great Room With In-Built Speakers, Full Kitchen, 1 Br & 2 Washrooms. This 5+1 Br & 6 Wr Detached Home Located In The Highly Popular "Alton Village Community".This Sundial Built OVER 4000SQFT LIVING SPACE Home Boasts Luxury At Every Turn With Entry You Are Greeted By High Ceilings, Immediately Setting A Tone Of Grandeur And Spaciousness. The Interior Is Impeccably Designed With Hardwood Flooring & Pot Lights, Living Space With High Ceiling, Family Room Is A Stunning With Fireplace, Adding Warmth And Ambiance. Seperate Dining Areas For Large Gatherings. Chefs Gourmet Kitchen Equipped With S/S Appliances, Custom Backsplash, Tall Cabinets & Pot Lights. DEN On Main Floor Can Be Used As Office Or Separate Bedroom For Elderly People. This Home Continues To Impress With Its Luxurious Features And Thoughtful Design. The Master Suite Is A True Retreat With A Spacious Layout, An 5 Pc Ensuite Bathroom, His/Her Closet, Offering Both Comfort And Convenience. Additionally, There Are Four Other Generously Sized Bedrooms On The Second Level, Each With Ample Closet Space, Ensuring That Everyone In The Household Has Their Own Private Haven. With Two Other Full Washrooms On This Level. The FINISHED BASEMENT Create An Ideal Space For Entertaining Guests, Relaxing With Family Or Extra Income By Renting.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$8,264
Lot Size42.98 ft x 85.3 ft
mls© NumberW13817122
Listed ByiCloud Realty Ltd.

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%
$7,933
Property tax
$689
Heat allowance
$150
Housing costs
$8,772 / mo

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

Down payment20% · $309,978
25-yr amortization

Income needed

$270,000

gross annual household income

Payment at 4%
$6,522 / mo
Cash down
$309,978

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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