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Listed 1 month ago

56 Park Ridge Drive

Kleinburg, Vaughan

$2,699,000

Detached|Bungalow
3 | 4 | 8
About this home

Experience refined living in this exceptional custom-built bungalow, offering nearly 3,000 sq. ft. of meticulously crafted living space and ideally positioned overlooking a serene park and picturesque pond. The elegant main level features soaring cathedral dome ceilings, rich hardwood flooring, and a stunning gas fireplace that anchors the spacious family room. The gourmet maple kitchen is thoughtfully designed with a large center island, seamlessly connecting indoor and outdoor living. Step outside to your private resort-style backyard retreat, complete with an expansive interlock patio, charming gazebo, and a fully heated year-round cabana. At the heart of this outdoor oasis is a spectacular in-ground fiberglass pool, surrounded by professionally landscaped gardens and mature privacy trees, creating a tranquil and secluded setting for relaxation and entertaining. The professionally finished lower level offers incredible versatility with a separate entrance, an industrial-grade chef's kitchen, spacious open-concept entertainment area, dedicated office, generous bedroom, elegant 3-piece bathroom, and a striking three-way fireplace. Perfectly suited for multi-generational living, guest accommodations, or potential income opportunities. Additional conveniences include professional pool maintenance and landscaping services.

Extras

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$10,206
Lot Size72.65 ft x 138.04 ft
mls© NumberN13475828
Listed ByRE/MAX PREMIER THE OP TEAM

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$13,815
Property tax
$851
Heat allowance
$150
Housing costs
$14,815 / mo

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

Down payment20% · $539,800
25-yr amortization

Income needed

$456,000

gross annual household income

Payment at 4%
$11,358 / mo
Cash down
$539,800

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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