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New5 days ago

287199 10 Sideroad N/A

Rural Mono, Mono

$1,648,000

Detached|2-Storey
3 | 4 | 20
About this home

Perfectly positioned at the end of a dead-end road, with the most breathtaking backdrop, is this wonderful family compound on 4.37 acres on a gorgeous ravine lot with treed views and bordering the Hockley Valley Provincial Nature Reserve. Featuring two separate dwellings and driveways, the detached 2-car garage has a workshop with hydro. This home offers the ultimate opportunity for in-law or extended family living. The main 3+1 bed, 3.5 bath home features maintenance-free white picket fencing, aggregate walkways, paved driveways, composite and wood wraparound decks, cathedral ceilings, pot lighting, hardwood flooring, plus in-law potential in the finished walkout basement. The 1+1 bed, 2 bath, chalet-style second dwelling features an open-concept kitchen/living with a vaulted ceiling, propane gas woodstove, and, like the main house, offers both a front and rear deck to take in the views surrounding the property. The neighbouring Hockley Valley Provincial Nature Reserve is approx. 422 ha, is part of the Niagara Escarpment and Niagara Escarpment Biosphere Reserve, with the Bruce Trail and Nottawasaga River winding through. Close to Hockley Valley Ski, Golf and Spa, Mono Cliffs Inn Pub & Restaurant and more! Exceptional private location, only 7 mins to all Orangeville-area amenities, including the hospital, farmer's market, shops, and restaurants. 1hr 30 mins to Toronto. 1 hr 10 to Collingwood.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$3,855
Lot Size531 ft x 363 ft
mls© NumberX13842142
Listed ByCENTURY 21 MILLENNIUM INC.

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%
$8,435
Property tax
$321
Heat allowance
$150
Housing costs
$8,906 / mo

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

Down payment20% · $329,600
25-yr amortization

Income needed

$274,000

gross annual household income

Payment at 4%
$6,935 / mo
Cash down
$329,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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