16558 Highway 48, Whitchurch-Stouffville, ON

Rural Whitchurch-Stouffville, Whitchurch-Stouffville · MLS® N13629672

$1,450,000
For Sale
Listed 79 days agoNo offer date statedSitting longer than typical
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3+3Bedrooms
3Bathrooms
6Parking
1500-2000Sq ft

About this home

In short

  • SKIP THE LAND ASSEMBLY HEADACHES & SAVE TIME AND MONEY ON MERGING.
  • Presenting a remarkably rare, massive 613.91 FT of pristine highway frontage on a 4.87-Acre standalone country estate parcel (Code 301).
  • To put this in perspective: While standard lots offer 50-100 FT, this over 600 FT canvas provides ultimate architectural freedom for a majestic circular driveway &...
  • Paired with an 11.0m (36.1 FT) max height limit, this accommodates a 2 to 2.5-storey luxury estate (15,000+ SQ FT build area) with soaring 12-14 FT ceilings! NO...
  • DO NOT FEED OR PET HORSES. Please note: The property is being sold strictly in "As-Is, Where-Is" condition, as the true value lies in the spectacular land and its...

SKIP THE LAND ASSEMBLY HEADACHES & SAVE TIME AND MONEY ON MERGING! Presenting a remarkably rare, massive 613.91 FT of pristine highway frontage on a 4.87-Acre standalone country estate parcel (Code 301). To put this in perspective: While standard lots offer 50-100 FT, this over 600 FT canvas provides ultimate architectural freedom for a majestic circular driveway & unmatched luxury mansion facade. **********Zoned ORM-NC/ENV with grandfathered RR3 residential status. Based on 5% lot coverage, it supports a theoretical footprint of approx. 10,606 SQ FT. Paired with an 11.0m (36.1 FT) max height limit, this accommodates a 2 to 2.5-storey luxury estate (15,000+ SQ FT build area) with soaring 12-14 FT ceilings! **********NO pre-consultation required for a single-detached replacement if positioned outside mapped ENV zones. **********The property features gently rolling topography, mature trees, a 3+3 bed raised bungalow & horse barn. This existing dwelling is the golden ticket that secures your immediate legal footprint to rebuild! **********DO NOT enter barn or paddocks without confirmation. DO NOT FEED OR PET HORSES. **********Please note: The property is being sold strictly in "As-Is, Where-Is" condition, as the true value lies in the spectacular land and its future building potential. For your convenience, we highly encourage exploring the property via our premium drone video, 3D dollhouse & Matterport layouts! **********Minutes to amenities, golf & York Regional Forest trails. Due Diligence Package available. All footprints/exemptions are theoretical max estimates. Buyers must complete independent due diligence with the Town of Whitchurch-Stouffville, York Region, the York Region District School Board, and qualified consultants before relying on this info or submitting

Key facts

Property type
Detached, Bungalow-Raised
MLS®
N13629672
Bedrooms
3+3 (6 total)
Bathrooms
3
Size
1500-2000 sq ft
Lot
613.9 × 349.44 ft
Cross streets
Highway 48/ Vivian Sideroad
Parking
6 parking
Driveway
Private
Basement
Finished with Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Vinyl Siding
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$6,504 / 2025
Days on market
79
Listing brokerage
RIGHT AT HOME REALTY
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby · asking prices
$1.71Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $940/sqft; this home lists at $829/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.45MThis home1.50M1.23M2.59M1.74M1.50MThis home vs active comparables

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
$1.77M
Stouffville
$1.18M

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
$6,609/mo
$272KIncome needed
5.3×Price ÷ income
$1,525Weekly cost
$25,475Land 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.

92%mortgage
Mortgage $6,609Property tax $542Total carry $7,151

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,414per month

Mortgage amount $1,160,000 · 4.49% over 25 years

$290,000Down payment (20.0%)
$1,160,000Loan before insurance
$0CMHC premium
$6,956Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,414
Property tax
$542
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,956

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

One-time closing costs

Ontario land transfer tax
$25,475
Estimated closing costs
$25,475

Plus your down payment of $290,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,763/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

$764,152Total interest paid
$1,924,152Total of all payments
Principal $1,160,000 Interest $764,152
YearPrincipalInterestBalance
1$25,886$51,080$1,134,114
2$27,062$49,904$1,107,052
3$28,290$48,676$1,078,762
4$29,575$47,391$1,049,187
5$30,918$46,048$1,018,269
6$32,321$44,645$985,948
7$33,789$43,177$952,159
8$35,323$41,643$916,836
9$36,927$40,039$879,909
10$38,604$38,363$841,306
11$40,356$36,610$800,949
12$42,189$34,777$758,761
13$44,104$32,862$714,657
14$46,107$30,859$668,550
15$48,200$28,766$620,350
16$50,389$26,578$569,961
17$52,676$24,290$517,285
18$55,068$21,898$462,217
19$57,568$19,398$404,649
20$60,182$16,784$344,466
21$62,915$14,051$281,552
22$65,771$11,195$215,780
23$68,758$8,208$147,023
24$71,879$5,087$75,143
25$75,143$1,823$0

At the end of your 5-year term

Total paid over the term
$384,830
Principal paid down
$141,731
Interest paid
$243,100
Balance remaining
$1,018,269

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
Estimate$3,150/mo
$37,800Gross annual rent
1.8%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

2.6%
Gross yield
− Property tax $6,504− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $25,738

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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