5055 Cherry Street, Whitchurch-Stouffville, ON

Rural Whitchurch-Stouffville, Whitchurch-Stouffville · MLS® N13755486

$1,489,000
For Sale
Listed 41 days agoNo offer date stated
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About this home

In short

  • Buy now, Build in the Spring.
  • Exceptional 15 acre parcel (14.95) on beautiful and quiet Cherry St.
  • This is the only 15 acre parcel on Cherry St. and it backs to the Eldred King Woodlands regional forest.

Buy now, Build in the Spring! Exceptional 15 acre parcel (14.95) on beautiful and quiet Cherry St. This is the only 15 acre parcel on Cherry St. and it backs to the Eldred King Woodlands regional forest. Surrounded by nature, this is the perfect place to build your special home. Access trails directly from the back of the property. Property has been grandfathered in to have previous past use approvals. Truly a one-of-kind property.

Key facts

Property type
Other, Other
MLS®
N13755486
Lot
496.96 × 1316.84 ft
Cross streets
HWY 48 & CHERRY ST.
Property tax
$5,309 / 2025
Days on market
41
Listing brokerage
KELLER WILLIAMS REALTY CENTRES
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

Sold price trend

Median sold price for homes in Rural Whitchurch-Stouffville: $1.52M in September 2026, down 17% from a year ago, on 100 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$2.03M10
December 2025$1.92M10
January 2026$1.14M5
February 2026$1.82M8
March 2026$1.48M7
April 2026$1.44M7
May 2026$1.75M13
June 2026$2.02M8
July 2026$1.50M9
August 2026$1.46M6
September 2026$1.52M8

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
$1.87M
Stouffville
$1.00M

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
$6,786/mo
$275KIncome needed
5.4×Price ÷ income
$1,566Weekly cost
$26,255Land 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.

94%mortgage
Mortgage $6,786Property tax $442Total carry $7,229

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,586per month

Mortgage amount $1,191,200 · 4.49% over 25 years

$297,800Down payment (20.0%)
$1,191,200Loan before insurance
$0CMHC premium
$7,029Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,586
Property tax
$442
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,029

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

One-time closing costs

Ontario land transfer tax
$26,255
Estimated closing costs
$26,255

Plus your down payment of $297,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,972/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

$784,705Total interest paid
$1,975,905Total of all payments
Principal $1,191,200 Interest $784,705
YearPrincipalInterestBalance
1$26,583$52,454$1,164,617
2$27,789$51,247$1,136,828
3$29,051$49,985$1,107,777
4$30,370$48,666$1,077,407
5$31,749$47,287$1,045,657
6$33,191$45,845$1,012,467
7$34,698$44,338$977,769
8$36,273$42,763$941,496
9$37,920$41,116$903,576
10$39,642$39,394$863,934
11$41,442$37,594$822,492
12$43,323$35,713$779,169
13$45,290$33,746$733,878
14$47,347$31,689$686,532
15$49,496$29,540$637,035
16$51,744$27,292$585,291
17$54,093$24,943$531,198
18$56,549$22,487$474,649
19$59,117$19,919$415,532
20$61,801$17,235$353,731
21$64,607$14,429$289,124
22$67,540$11,496$221,584
23$70,607$8,429$150,977
24$73,813$5,223$77,164
25$77,164$1,872$0

At the end of your 5-year term

Total paid over the term
$395,181
Principal paid down
$145,543
Interest paid
$249,638
Balance remaining
$1,045,657

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 45 whole-home leases in Rural Whitchurch-Stouffville$3,273/mo
$39,276Gross annual rent
1.9%Cap rate after taxes and upkeep
$2,350 to $4,068Typical rent range
~23 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 45 whole-home leases in Rural Whitchurch-Stouffville signed at a median of $3,273 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,273. 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.

2.6%
Gross yield
− Property tax $5,309− Insurance $1,400− Vacancy & upkeep $4,320Net operating income $28,246

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

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