15040 Highway 48
Ballantrae, Whitchurch-Stouffville, Ontario L4A 3B6
- Bedrooms
- 3
- Bathrooms
- 1
- Size
- 1,100–1,500sq ft
- Per sq ft
- $768at the range’s middle
- Lot
- 0.50 – 1.99 acres
- Tax a year
- $4,6872026 tax year
- Built
- 51-99
- Parking
- 7carport
- Days on market
- Members
The brief
About 15040 Highway 48
15040 Highway 48 is a 3-bedroom, 1-bathroom detached house in Ballantrae, Whitchurch-Stouffville, listed for sale at an asking price of $999,000 (MLS® N14092324).
**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.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall24/100−$1,799/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 14 homes with 3 bedrooms for lease in Whitchurch-Stouffville right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $4,687 / 2026
- MLS® number
- N14092324
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 51-99
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 159.9 x 346.84 ft
- Listed on
- Parking
- Carport, 7 Parking
Property details
Property
- Property Type
- Detached
- Style
- 1 1/2 Storey
- Community
- Ballantrae
- Municipality
- Whitchurch-Stouffville
Building
- Size
- 1100-1500 sqft
- Building Age
- 51-99
- Construction
- Vinyl Siding
Inside
- Bedrooms
- 3
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Main
- Basement Type
- Unfinished
- Kitchens
- 1
Parking
- Garage Type
- Carport
- Additional Parking
- 7
- Total Parking
- 7
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Septic
- Frontage
- 159.9 ft
- Depth
- 346.84 ft
- Lot Size
- 159.9 x 346.84 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- fridge, stove, dishwasher, washer/dryer, all existing light fixtures and window coverings, furnace, water heater, A/C, (snow blower, tractor, generator - as is)
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 4.06 × 434.0 m | Broadloom, Window, Fireplace | Main |
| Dining | 2.82 × 3.56 m | Broadloom, Window | Main |
| Kitchen | 2.39 × 3.94 m | B/I Dishwasher, Window | Main |
| Br | 3.15 × 3.4 m | Broadloom | Main |
| Sunroom | 2.87 × 3.63 m | Broadloom, Large Window | Main |
| Br | 3.15 × 4.34 m | Broadloom, Window | 2nd |
| Br | 2.77 × 3.15 m | Broadloom, Window | 2nd |
Listing history
Buy/sell history for 15040 Highway 48, Whitchurch-Stouffville, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $999,000 | N/A | For Sale | N14092324 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $199,800
- Total mortgage amount
- $799,200
- Total interest payment
- $568,200
- Total purchase cost
- $1,567,200
- Mortgage payment
- $4,558/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
52%Monthly carrying cost
$4,949- Rent $3,150
- Shortfall $1,799
Rental income opens at $3,150, the median asking rent of 14 comparable homes for lease in Whitchurch-Stouffville. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $16,455
- Total land transfer tax
- $16,455
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $12,455
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $999,000
- $11,980
- Ontario total
- $16,455
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 55,460 sq ft5,152 m²
- Street frontage
- 159.9 ft48.7 m
- Depth
- 346.84 ft105.7 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by GeoWarehouse.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- No mapped wetland within 120 m120 m
- 41 water-supply wells recorded within 250 mAll were drilled for domestic use; 12 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 16.8 m.250 m
- Groundwater recorded about 7.9 m below ground nearbyThe middle water level in the well records within 500 m (135 records). It changes with the season and from spot to spot.500 m
Province of Ontario open data
Planning and building activity1
- Inside the Greenbelt (Oak Ridges Moraine Conservation Plan) and the Oak Ridges Moraine plan area (Settlement Area)These provincial plans set policies on new buildings, new lots and some changes to the land; the municipality can say which apply to this property.At the address
Province of Ontario open data
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Hydro One Networks Inc.At the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, Vianet. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Dash Networks, FiberSpeed, Rogers, Routcom, Ruralwave, Vianet, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Lake Simcoe Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Detached homes for sale in Ballantrae right now
- For sale now
- 36
- Median asking price
- $1.6M
- New in 7 days
- 4
- Price cuts
- 36%
Middle half: $1.26M to $2.26M
17 in 28 days
13 listings
This home is asking 38% below the median, lower than three quarters of them.
See all homes in BallantraeAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Ballantrae Public SchoolYork Region DSB | Public · grades JK–8 | 1.4 km | 67%Grade 6 average |
| Blessed Chiara Badano Catholic Elementary SchoolYork CDSB | Catholic · grades 1–6 · French Immersion | 6.4 km | 86%Grade 6 average |
| Spring Lakes Public SchoolYork Region DSB | Public · grades JK–8 | 6.6 km | — |
| ÉÉC Pape-FrançoisConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 7.9 km | 96%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| ÉSC Pape-FrançoisConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 7.9 km | 86%Grade 9 math |
| Stouffville District Secondary SchoolYork Region DSB | Public · grades 9–12 | 8.3 km | 63%Grade 9 math |
| Newmarket High SchoolYork Region DSB | Public · grades 9–12 · French Immersion | 11 km | 75%Grade 9 math |
| Dr G W Williams Secondary SchoolYork Region DSB | Public · grades 9–12 | 12 km | 82%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Ballantrae are shown to signed-in members.