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New3 hours ago

687 Richmond Street W

Niagara, Toronto

$1,195,000

Freehold Townhouse|2-Storey
2 | 2 | 0
About this home

Welcome to a well loved Home for over 30 yrs. It features brightly & freshly painted Kitchen, and Dining Rm. It has a walk-out to the Back Yard, which can be used as a parking pad. 2nd Flr. features two Bedrooms & 4 pc. Bath. A great starter Home.

Extras

No extras listed.

TypeAtt/Row/Townhouse
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,356
Lot Size17 ft x 82 ft
mls© NumberC13628638
Listed ByBAHIA REALTY GROUP INC.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,117
Property tax
$280
Heat allowance
$150
Housing costs
$6,546 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $239,000
25-yr amortization

Income needed

$201,000

gross annual household income

Payment at 4%
$5,029 / mo
Cash down
$239,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Listing History

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  • No recent lease history for this listing.

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