15040 Highway 48, Whitchurch-Stouffville, ON
Ballantrae, Whitchurch-Stouffville · MLS® N14092324
About this home
In short
- A Rare Opportunity to Create Something Special Set on approximately 1.2 acres just south of Aurora Road on Highway 48, this property offers a unique opportunity for...
- The existing 3-bedroom, 1-bathroom residence features a functional layout and the flexibility to enjoy the home as it is while planning for the future.
- Several important improvements have been completed over the years, including five replacement windows in the living and dining rooms (2012), a complete roof...
- The property also includes a former dog kennel building with 100-amp electrical service, along with three additional sheds offering versatile space for storage...
- Whether you envision renovating the existing home, creating a private country retreat, or exploring the potential for a custom build, this sizeable property offers an...
**A Rare Opportunity to Create Something Special** Set on approximately 1.2 acres just south of Aurora Road on Highway 48, this property offers a unique opportunity for investors, builders, or buyers looking to renovate, expand, or build a custom country home. Enjoy the appeal of a rural setting with open space and a sense of privacy, while remaining within convenient reach of Aurora, Stouffville, and surrounding York Region communities. The location offers access to major routes, making commuting, shopping, schools, and everyday amenities readily accessible. The existing 3-bedroom, 1-bathroom residence features a functional layout and the flexibility to enjoy the home as it is while planning for the future. With a generous lot, excellent frontage, and ample outdoor space, there is room to explore a variety of possibilities. Several important improvements have been completed over the years, including five replacement windows in the living and dining rooms (2012), a complete roof replacement in 2015 following removal of the existing shingles, and a 200-amp electrical service. A professionally installed generator transfer panel allows for connection of a portable generator when needed. The property also includes a former dog kennel building with 100-amp electrical service, along with three additional sheds offering versatile space for storage, hobbies, workshop use, or other permitted uses. A lawn-maintenance tractor and snow blower may also be included in the sale. Whether you envision renovating the existing home, creating a private country retreat, or exploring the potential for a custom build, this sizeable property offers an opportunity to enjoy country living with the convenience of nearby communities and amenities.
Key facts
- Property type
- Detached, 1 1/2 Storey
- MLS®
- N14092324
- Bedrooms
- 3
- Bathrooms
- 1
- Size
- 1100-1500 sq ft
- Lot
- 159.9 × 346.84 ft
- Cross streets
- HWY 48 / AURORA RD
- Parking
- 7 parking
- Basement
- Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Vinyl Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Property tax
- $4,687 / 2026
- Days on market
- 1
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
broadloom · window
Broadloom
broadloom · window
broadloom · window · fireplace
broadloom · window
b/i dishwasher · window
broadloom · large window
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readNeighbourhood & location
Ballantrae, Whitchurch-Stouffville, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $799,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,419
- Property tax
- $391
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,809
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,455
- Estimated closing costs
- $16,455
Plus your down payment of $199,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $265,135
- Principal paid down
- $97,647
- Interest paid
- $167,487
- Balance remaining
- $701,553
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.