1 photos

Highlight

Year Built

Days of On-Site Use

Property Type

Single Family Home

Price per Sqft

$711

Car Garage

2.0

Property Details

Key Details

Sub Type

Detached

Listing Status

Pending

Purchase Type

For Sale

Square Footage

2,950 sqft

Subdivision

Roseland

MLS Listing ID

W10404238

Style

2-Storey

Bedrooms

Annual Tax Amount

$7,337

Tax Year

2024

Property Sub-Type

Detached

Location

Province

County

Halton

Area

Halton

Zoning

R2.1

Rooms

Basement

Walk-Up, Separate Entrance

Kitchen

Separate Den/Office

Interior

Interior Features

Bar Fridge

Cooling

Central Air

Fireplaces Number

Inclusions

Gas Cooktop, Double Wall Oven, Window Coverings (as is), Built-in Microwave, Dishwasher, Dryer, Garage Door Opener, Pool Equipment, RangeHood, Refrigerator, Washer, Window Coverings, Wine Cooler

Exterior

Exterior Feature

Porch

Parking Features

Private Double, Other

Pool

Inground

Roof Type

Asphalt Shingle

Lot Frontage

70.1

Lot Depth

113.93

Exposure

South

Total Parking Spaces

Building

Building Age

51-99

Foundation

Block

New Construction

false

Others

Senior Community

Yes

ParcelsYN

Virtual Tour

https://viralrealestate.media/3472-spruce-ave-1

Listed by RE/MAX Aboutowne Realty Corp., Brokerage

Purchase & mortgage inputs

Purchase price $650,000

First-time home buyer

New construction / new build

Property is in the City of Toronto (adds Toronto MLTT)

Down payment 10% · $65,000

Minimum required for this price: 5% on the first $500,000, 10% on the remainder.

Interest rate (contract) 4.99%

Amortization 25 yrs

Property taxes, annual $4,200

Heating, annual $1,800

Condo fees, monthly $0

Only 50% of condo fees count toward GDS/TDS.

Other monthly debt payments $400

Car loans, credit cards, student loans, other credit obligations.

Household annual income, optional $0

Enter this to check pass/fail against required income. Leave at 0 to just see what's required.

Other closing costs $2,000

Legal fees, title insurance, home inspection, adjustments.

Qualification & closing costs

Conventional (uninsured)

Loan amount

Total mortgage (incl. premium)

Monthly payment (contract rate)

Monthly qualifying payment

Stress-test qualifying rate (MQR)0.00%

GDS ratio (at qualifying rate)0.0%

TDS ratio (at qualifying rate)0.0%

Insurance premium rate—

Insurance premium$0

Ontario PST on premium (8%, cash)$0

Ontario land transfer tax$0

Ontario first-time buyer rebate$0

Toronto municipal land transfer tax$0

Toronto first-time buyer rebate$0

Total cash needed to close$0

For information purposes only. This calculator reflects publicly available federal and Ontario mortgage rules as of mid-2026 and does not constitute financial, legal, tax or mortgage advice. Confirm current rules and your actual qualification with a licensed mortgage professional or lender before making a decision.

Minimum down payment: 5% on the first $500,000, 10% on the portion from $500,000 to $1.5 million. Properties at or above $1.5 million require at least 20% down and cannot be insured.
Maximum insured amortization is 25 years, or 30 years if you are a first-time buyer or purchasing a new build. Insured mortgages also require a minimum credit score of 600 and a traditional (non-borrowed) down payment source.
The stress test qualifying rate is the greater of your contract rate + 2%, or the 5.25% regulatory floor.
GDS (39%) and TDS (44%) are standard insurer guidelines; individual lenders may apply different limits, especially for conventional (uninsured) mortgages.
Land transfer tax figures use current Ontario and Toronto marginal rate schedules and standard first-time buyer rebates. Other municipalities in Ontario do not currently levy a municipal land transfer tax.

Prepared by Navjot Singh.

Nearby Locations

GET MORE INFORMATION

Navjot Singh

REALTOR® | License ID: 5027745

+1(519) 505-5832 | navjot@teammosaic.ca

Residential mortgage & income qualification calculator