447 Loretta Crescent, Whitchurch-Stouffville

Price: $699,999

5 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: N13610162

Exceptional Investment & Development Opportunity In The Heart Of Stouffville! Situated On A Premium 60' x 120' Lot, This Charming 3+2-Bedroom, 2-Bath Bungalow Offers Incredible Potential For End Users, Investors And Developers Alike. Ideally Located Just Steps To Historic Main Street, Boutique Shops, Restaurants, Schools, Parks, Transit And Everyday Amenities, This Property Is Positioned In One Of York Region's Most Desirable And Fastest Growing Communities. Features A Bright Open Concept Living And Dining Area, A Spacious Primary Bedroom, Plus A Finished Basement Walk Up Basement. Adjacent Lands May Also Be Available, Offering The Potential For A Larger Development Opportunity. A Rare Opportunity To Secure A Prime Property With Outstanding Long Term Investment And Redevelopment Potential.

447 Loretta Crescent - Detached photo 1 of 1 in Whitchurch-Stouffville, Ontario
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$699,999 - 447 Loretta Crescent, Whitchurch-Stouffville

Detached for Sale in Whitchurch-Stouffville

Neighbourhood: Stouffville

5Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
N13610162
Property Type
Detached
Status
active
Days on Site
28
Bedrooms
5
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Whitchurch-Stouffville
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Exceptional Investment & Development Opportunity In The Heart Of Stouffville! Situated On A Premium 60' x 120' Lot, This Charming 3+2-Bedroom, 2-Bath Bungalow Offers Incredible Potential For End Users, Investors And Developers Alike. Ideally Located Just Steps To Historic Main Street, Boutique Shops, Restaurants, Schools, Parks, Transit And Everyday Amenities, This Property Is Positioned In One Of York Region's Most Desirable And Fastest Growing Communities. Features A Bright Open Concept Living And Dining Area, A Spacious Primary Bedroom, Plus A Finished Basement Walk Up Basement. Adjacent Lands May Also Be Available, Offering The Potential For A Larger Development Opportunity. A Rare Opportunity To Secure A Prime Property With Outstanding Long Term Investment And Redevelopment Potential.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,591.36/mo

Includes CMHC insurance ($19,530)

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5-yr fixed avg.

Principal: $629,999Interest: $427,878
Mortgage Amount$649,529
Total Interest$427,878
Est. Property Tax$496/mo
Total Cost$1,077,407

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

447 Loretta Crescent, Whitchurch-Stouffville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
5.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$2,958

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 $636/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.

Detached Home Advantages

Detached homes in Whitchurch-Stouffville are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Whitchurch-Stouffville.

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 $2,917 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    447 Loretta Crescent | $699,999 | Battaglia Team