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New6 days ago

1661 Dempsey Crescent

1023 - BE Beaty, Milton

$1,350,000

Detached|2-Storey
4 | 4 | 5
About this home

Situated on a premium Mattamy 56-foot-wide lot backing onto green space. This move-in ready 4+1 home with approx. 4000 sq ft of living space features, 9-foot ceilings, updated insulation, roof, HVAC, hot water tank (owned). Located on a quiet crescent in the sought after Beaty neighborhood. Many upgrades include an updated kitchen with butler's pantry, 205sq ft screened-in deck with retractable screens provides a bug-free outdoor space with easy access to the arctic spa hot tub. A completely private backyard oasis. Upper level features a primary suite with updated 4-piece ensuite and a dual-access bathroom between two of the additional bedrooms. Finished basement with TV room, kitchen, games room, bedroom plus another workspace for the possibility of a home business. The basement offers separate access through the garage. The house is equipped with- income-generating (approx. $4800 per year) owned solar panels. Pays for all your utilities. Quick 401 access.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. Age16-30
Size2500-3000 sq. ft.
Property Tax$6,160
Lot Size56 ft x 83.66 ft
mls© NumberW13838390
Listed BySTONEMILL REALTY INC.

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%
$6,910
Property tax
$513
Heat allowance
$150
Housing costs
$7,573 / mo

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

Down payment20% · $270,000
25-yr amortization

Income needed

$233,000

gross annual household income

Payment at 4%
$5,681 / mo
Cash down
$270,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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