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Price Change$548,000

307 - 6 DAVID EYER Road

Rural Richmond Hill, Richmond Hill

$508,000

Condo Apartment |
1 + 1 | 2 | 1 | 1
About this home

Welcome to Elgin East by Sequoia Grove Homes. Excellent opportunity for first-time buyers, Downsizers or investors. Great location, Family friendly community. Spacious 1+1 bedrooms, convenient 2 bathrooms, 652 sq. Excellent layout, Open concept with a balcony , Very bright, 9 feet smooth ceiling through out, Modern kitchen, Quartz countertop , Built in appliances .Condo amenities include concierge, piano lounge, party room, outdoor BBQ, Theater, hobby room, gym and a yoga studio. Great location, minutes from Costco, Home Depot, Walmart, Dollarama, Restaurants, Library, Community Centre Hwy 404, and GO Train station.

Extras

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Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$573
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,535
mls© NumberN12917390
Listed ByRIGHT AT HOME REALTY
Heat Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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%
$2,600
Property tax
$211
Heat allowance
$150
Condo fees, half counted
$286
Housing costs
$3,248 / mo

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

Down payment20% · $101,600
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$2,138 / mo
Cash down
$101,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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