23A Mackay Drive
South Richvale, Richmond Hill
$2,850,000
Upscale South Richvale Neighbourhood, Custom Quality Construction, Superior Workmanship & Finishes. 4 bedrooms and 3 full bathrooms on 2nd floor; Custom Design Kitchen, living, dining, family, study rooms, and powder room on the ground floor; Basement with storage area and a workshop, and Professionally Finished Basement apartment with living room, 2 bedrooms, kitchenette, and full bathroom. Basement apartment with Separate entrance Walk Up To Private Backyard. Superbly Landscaped, Aggregated Concrete Driveway & Walkway, Oversize Deck.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 16-30 |
| Size | 3000-3500 sq. ft. |
| Property Tax | $12,492 |
| Lot Size | 50 ft x 150 ft |
| mls© Number | N13231506 |
| Listed By | RE/MAX IMPERIAL REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $14,588
- Property tax
- $1,041
- Heat allowance
- $150
- Housing costs
- $15,779 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$485,000
gross annual household income
- Payment at 4%
- $11,993 / mo
- Cash down
- $570,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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