40 Connor Drive, Whitchurch-Stouffville, ON

Rural Whitchurch-Stouffville, Whitchurch-Stouffville · MLS® N13279568

$1,099,000
For Sale
Listed 137 days agoNo offer date statedSitting longer than typical
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2Bedrooms
1Bathrooms
4Parking
700-1100Sq ft

About this home

In short

  • Build Your Luxury Dream Home With Breathtaking Lake Views In The Desirable Musselman's Lake Community.
  • Nestled On A Quiet, No-Through Street, This Prime 50x100 Ft Lot With Mature Trees Offers Deeded Lake Access And Stunning Views.
  • Located Just 40 Minutes From Toronto, In A High-Demand Area With Ongoing Growth And Improvements.
  • The Existing Home Features Hardwood Floors, An Updated Kitchen, New Fully Renovated Bathrooms, New Gas Line, New Plumbing And A Walk-Out To A Deck With Lake Views...
  • Enjoy The Peaceful, Cottage-Like Lifestyle Just Minutes From The Stouffville GO Station, Highway 404, And All Amenities.

Build Your Luxury Dream Home With Breathtaking Lake Views In The Desirable Musselman's Lake Community! Approved Plans And Permits Are Available For A Custom Home Designed With Expansive Windows To Capture Lake Views From Every Room Allowing You To Begin Building Right Away. Nestled On A Quiet, No-Through Street, This Prime 50x100 Ft Lot With Mature Trees Offers Deeded Lake Access And Stunning Views. Enjoy Exclusive Access To The Lake For Residents Of The Street, With The Option To Use Motorized Boats. Located Just 40 Minutes From Toronto, In A High-Demand Area With Ongoing Growth And Improvements. The Existing Home Features Hardwood Floors, An Updated Kitchen, New Fully Renovated Bathrooms, New Gas Line, New Plumbing And A Walk-Out To A Deck With Lake Views Perfect For Renting While You Plan Your Future Build. Enjoy The Peaceful, Cottage-Like Lifestyle Just Minutes From The Stouffville GO Station, Highway 404, And All Amenities. Escape The City Without Leaving Convenience Behind Live Steps From Nature In A Vibrant Lakeside Community.

Key facts

Property type
Detached, Bungalow
MLS®
N13279568
Bedrooms
2
Bathrooms
1
Size
700-1100 sq ft
Lot
50 × 100 ft
Cross streets
Lakeshore/Connor Dr.
Parking
4 parking
Driveway
Private
Basement
Crawl Space
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding
Foundation
Other
Roof
Shingles
Sewer
Septic
Property tax
$3,194 / 2026
Days on market
137
Listing brokerage
FOREST HILL REAL ESTATE INC.

Rooms

Dining RoomMain6.25 × 2.90 m

hardwood floor · w/o to deck

Primary BedroomMain4.27 × 3.60 m

double closet · w/o to deck · broadloom

KitchenMain5.67 × 3.41 m

hardwood floor · breakfast bar · backsplash

Living RoomMain5.18 × 3.20 m

hardwood floor · cathedral ceiling(s)

Bedroom 2Main3.05 × 2.77 m
Our TakeTeam Asgarian · Broker
A discount is typical here
$1.05Mlikely sale price

Listed at $1,099,000. Going by how homes in Rural Whitchurch-Stouffville and the wider GTA have actually closed against their asking prices (about 96%, 22 local closings in 90 days), the likely sale price is near $1.05M, if it sells. A realistic range is $986K to $1.19M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

Longer on the market than typical. 137 days on the market against about 55 for homes like it here, and asking 69% above where comparable closings put it.

List price
$986KBelow recent closings$1.19MAbove recent closings

Total price vs nearby homes. Likely closing about $1.05M, from 22 recent closings in this pocket.

The market behind the math:

22sold nearby · 90 days
$1.46Mmedian sold price
91%of asking, on average
−1%prices vs a year ago
~41 dayshomes like this take to sell
137days on market so far
$2,773/moest. rent · 21 leases
3.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.1 months of inventory: 8 detached homes for sale in the area against 22 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,221/sqft against an area asking average of $968/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 22 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $858K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

Based on 22 comparable homes that sold in Rural Whitchurch-Stouffville over the past two years, from 257 closings there.

What sellers nearby are askingCurrently listed nearby in Rural Whitchurch-Stouffville · asking prices
$813kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $651K, which is where my estimate comes from.

Per square foot, these ask about $903/sqft; this home lists at $1,221/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.10MThis home1.26M729k585k679kThis home vs active comparables

Sold price trend

Median sold price for detached homes in Rural Whitchurch-Stouffville: $1.52M in September 2026, down 17% from a year ago, on 91 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.74M9
November 2025$1.96M7
December 2025$2.05M9
January 2026$1.14M5
February 2026$1.80M7
March 2026$1.48M7
April 2026$1.44M7
May 2026$1.75M13
June 2026$2.02M8
July 2026$1.43M7
August 2026$1.46M6
September 2026$1.52M6

Neighbourhood & location

Rural Whitchurch-Stouffville, Whitchurch-Stouffville, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Ballantrae
$1.79M
Stouffville
$1.31M

Typical asking price of active listings of the same type, per area (outliers removed). Whitchurch-Stouffville.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$5,009/mo
$202KIncome needed
5.5×Price ÷ income
$1,156Weekly cost
$18,455Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

95%mortgage
Mortgage $5,009Property tax $266Total carry $5,275

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,861per month

Mortgage amount $879,200 · 4.49% over 25 years

$219,800Down payment (20.0%)
$879,200Loan before insurance
$0CMHC premium
$5,127Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,861
Property tax
$266
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,127

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$18,455
Estimated closing costs
$18,455

Plus your down payment of $219,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,884/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$579,174Total interest paid
$1,458,374Total of all payments
Principal $879,200 Interest $579,174
YearPrincipalInterestBalance
1$19,620$38,715$859,580
2$20,511$37,824$839,069
3$21,442$36,893$817,627
4$22,416$35,919$795,211
5$23,433$34,902$771,778
6$24,497$33,838$747,281
7$25,610$32,725$721,671
8$26,772$31,563$694,898
9$27,988$30,347$666,910
10$29,259$29,076$637,652
11$30,587$27,748$607,064
12$31,976$26,359$575,088
13$33,428$24,907$541,660
14$34,946$23,389$506,715
15$36,532$21,803$470,182
16$38,191$20,144$431,991
17$39,925$18,410$392,066
18$41,738$16,597$350,329
19$43,633$14,702$306,696
20$45,614$12,721$261,082
21$47,685$10,650$213,397
22$49,850$8,485$163,547
23$52,114$6,221$111,433
24$54,480$3,855$56,953
25$56,953$1,382$0

At the end of your 5-year term

Total paid over the term
$291,675
Principal paid down
$107,422
Interest paid
$184,253
Balance remaining
$771,778

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 21 whole-home leases in Rural Whitchurch-Stouffville$2,773/mo
$33,276Gross annual rent
2.3%Cap rate after taxes and upkeep
$2,472 to $3,223Typical rent range
~19 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 21 whole-home leases in Rural Whitchurch-Stouffville signed at a median of $2,700 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,773. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.0%
Gross yield
− Property tax $3,194− Insurance $1,400− Vacancy & upkeep $3,660Net operating income $25,022

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FOREST HILL REAL ESTATE INC.. MLS®/PropTx.

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