56 Raeview Drive, Whitchurch-Stouffville, ON

$2,298,000
MLS#:N9357819
5 beds
6 baths
3500-5000 sqft
23.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 1, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Rural Whitchurch-Stouffville. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,298,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 6 Bathrooms
  • Generous living space spanning 3500-5000 sqft on a premium 114.58 x 354.23 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 23.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum, Auto Garage Door Remote, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Stunning and beautifully maintained executive home in the prestigious Sleepy Hollow Estates. Over 4500 ft.. (above grade) nestled on a premium 1 acre lot backing onto the golf course. 9 ft ceiling on the main floor. Exquisite attention to detail in every room. Spacious kitchen has a lovely breakfast area and separate enclosed butlers pantry. 5 spacious bedrooms with walk-in closets & ensuite bathrooms. Skylights & oversize windows throughout bring in an abundance of natural light from every direction. Huge basement rec room with multiple above grade windows; perfect for a growing family. Insulated 3-car garage with extra tall ceiling height. Entertainers dream backyard includes large deck with pergola, fully fenced inground pool, outstanding gardens with mature landscape & stunning south exposure. See the Toronto skyline on a clear day! Minutes to Hwys, GO Train & all town amenities. Not to be missed!

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Property Summary

This detached home located at 56 Raeview Drive, Whitchurch-Stouffville is currently for sale and has been available on SousaSells for 676 days. This property is listed at $2,298,000 with an estimated mortgage of $7,649* per month. It has 5 beds, 6 bathrooms, and is 3500-5000 square feet. 56 Raeview Drive, Whitchurch-Stouffville is in the Rural Whitchurch-Stouffville neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
5
Bathrooms
6
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 1, 2024
Sold price information is available to members only
Listed Date9/19/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size114.58 × 354.23 Feet
CountyYork
Annual Tax$9,895.47
Legal DescriptionPCL 11-1 SEC 65M2794; LT 11 PL 65M2794; S/T RIGHT LT941326 ; WHITCHURCH-STOUFFVILLE

Parking & Garage

Parking Total23.0
Parking Space20
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Cul de Sac/Dead End, Golf, Greenbelt/Conservation, Public Transit

Interior Features

Central Vacuum, Auto Garage Door Remote, Water Heater Owned

Security Features

Community Features

Location

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56 Raeview Drive, Whitchurch-Stouffville, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 56 Raeview Drive, Whitchurch-Stouffville, ON L4A 3G7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Whitchurch-Stouffville.

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Interest Rate4.00%
Down Payment$689,400 (30.0%)
* Minimum Canadian down payment required for this price is $459,600.
Amortization Period30 Years
Estimated Monthly Payment$7,649Based on a loan of $1,608,600 over 30 years.
Purchase Price$2,298,000
Loan Amount$1,608,600
Provincial Land Transfer Tax:$43,925
Total Estimated Closing Taxes:$43,925

About Purchasing a Home in Whitchurch-Stouffville, ON

For a property listed at $2,298,000 in Whitchurch-Stouffville, the legal minimum down payment is $459,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $43,925 for this transaction. As this listing is in Whitchurch-Stouffville (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $43,925.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Whitchurch-Stouffville, Whitchurch-Stouffville.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$2,767,943

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.