$3,695,000 - 120 Lake Woods Drive, Whitchurch-Stouffville
Multi-Family for Sale in Whitchurch-Stouffville
105 days on market- MLS Number
- N12715948
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 105
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Whitchurch-Stouffville
- Lot Size
- 6 sqft
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Welcome to 120 Lake Woods Drive located in the prestigious Camelot Estates. The home is situated on over 6 acres of land, and includes a main residence as well as secondary quarters perfect for a nanny suite, multi-generational living, or rental income opportunities. The main residence comes with a professionally upgraded and custom kitchen with top of the line appliances including built in units, four bedrooms and four bathrooms. In addition to the two - two car garages, a separate stand alone utility garage is affixed to the property offering more storage space and uses. Practice your chipping and putting on the backyard putting green, or relax on the patio while enjoying the tranquility of the property. The opportunities to make your dreams come true with this home are endless.
Estimate your monthly payments for this property
Estimated Payment
$16,344.23/mo
5-yr fixed avg.
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.
Discover Whitchurch-Stouffville
Whitchurch-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 Whitchurch-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
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
Whitchurch-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.
120 Lake Woods Drive, Whitchurch-Stouffville
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1056/sqft, this property is priced in line with current Whitchurch-Stouffville market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 105 days on site, this property has exceeded the typical selling timeline for Whitchurch-Stouffville. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 6 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.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $15,396 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.