40 Covington Crescent, Whitchurch-Stouffville

Price: $789,000

2 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: N13606654

Welcome to this stylish end-unit townhouse in the heart of Stouffville, offering bright, modern living in an unbeatable location. This beautifully designed home features 2 bedrooms, 2.5 bathrooms, and an open-concept layout filled with natural light. The contemporary kitchen overlooks the living and dining area and is complete with quartz countertops, upgraded stainless steel appliances, and ample prep space for cooking and entertaining. Sliding glass doors lead to a private balcony, perfect for enjoying your morning coffee or unwinding at the end of the day.The spacious primary bedroom features large windows, a generous closet, and a private 3-piece ensuite. The second bedroom offers exceptional versatility, while a well-appointed 4-piece bathroom completes the bedroom level. A true highlight of the home is the incredible 387 sq. ft. private rooftop terrace with a gas BBQ hookup-an ideal space for entertaining, relaxing, or enjoying summer evenings with family and friends. Additional features include direct garage access, a convenient laundry area, two parking spaces, and a prime location within walking distance to a newly built neighbourhood park, Walmart, grocery stores, restaurants, GO Transit, and everyday amenities. Located within the school boundaries for Glad Park Public School, Stouffville District Secondary School, and St. Mark Catholic Elementary School, this move-in ready home offers the perfect combination of style, comfort, and convenience.

40 Covington Crescent - Townhouse photo 1 of 26 in Whitchurch-Stouffville, Ontario
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$789,000 - 40 Covington Crescent, Whitchurch-Stouffville

Townhouse for Sale in Whitchurch-Stouffville

Neighbourhood: Stouffville

2Beds
3Baths
1,100 - 1,499Sq Ft
Townhouse
Property Details
MLS Number
N13606654
Property Type
Townhouse
Status
active
Days on Site
28
Bedrooms
2
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Whitchurch-Stouffville
Listing Brokerage
RE/MAX ALL-STARS REALTY INC.
Description

Welcome to this stylish end-unit townhouse in the heart of Stouffville, offering bright, modern living in an unbeatable location. This beautifully designed home features 2 bedrooms, 2.5 bathrooms, and an open-concept layout filled with natural light. The contemporary kitchen overlooks the living and dining area and is complete with quartz countertops, upgraded stainless steel appliances, and ample prep space for cooking and entertaining. Sliding glass doors lead to a private balcony, perfect for enjoying your morning coffee or unwinding at the end of the day.The spacious primary bedroom features large windows, a generous closet, and a private 3-piece ensuite. The second bedroom offers exceptional versatility, while a well-appointed 4-piece bathroom completes the bedroom level. A true highlight of the home is the incredible 387 sq. ft. private rooftop terrace with a gas BBQ hookup-an ideal space for entertaining, relaxing, or enjoying summer evenings with family and friends. Additional features include direct garage access, a convenient laundry area, two parking spaces, and a prime location within walking distance to a newly built neighbourhood park, Walmart, grocery stores, restaurants, GO Transit, and everyday amenities. Located within the school boundaries for Glad Park Public School, Stouffville District Secondary School, and St. Mark Catholic Elementary School, this move-in ready home offers the perfect combination of style, comfort, and convenience.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,047.98/mo

Includes CMHC insurance ($22,013)

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5-yr fixed avg.

Principal: $710,100Interest: $482,281
Mortgage Amount$732,113
Total Interest$482,281
Est. Property Tax$559/mo
Total Cost$1,214,394

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Stouffville

Discover Stouffville

Stouffville is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Stouffville

  • Convenient location in Whitchurch-Stouffville
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Stouffville offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

40 Covington Crescent, Whitchurch-Stouffville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$0
Property Tax (est.)-$559
Insurance (est.)-$164
Net Cash Flow+$1,477

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $717/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 28 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Whitchurch-Stouffville have shown strong appreciation as families seek more space.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Stouffville

I know Stouffville well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Whitchurch-Stouffville properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,288 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    40 Covington Crescent | $789,000 | Battaglia Team