7 Fairlawn Avenue
Berczy, Markham
$1,388,000
Welcome to this beautifully renovated detached home, perfectly situated in the highly sought-after Berczy Neibourhood. Well-designed and tastefully decorated, thoughtfully designed for bright comfortable living, Over 100k spent: newer windows(2023), Custom Kitchen(2023) , Renovated Bathrooms(2023).Newer Gas Burner, Newer Cac, Newer fridge/stove/dishwasher/rang hood. 1927Sqft. 9Ft main floor, Open Concept. finished basement. about hundred meters away to top ranked Pierre Elliott Trudeau High School, steps to Berczy park (with its public tennis, football, basketball courts & ponds). walk to Castlemore Public School & All Saints CES. Restaurants, groceries, and banks nearby!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 16-30 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,412 |
| Lot Size | 30 ft x 82 ft |
| mls© Number | N13454738 |
| Listed By | HOMELIFE NEW WORLD REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $7,104
- Property tax
- $451
- Heat allowance
- $150
- Housing costs
- $7,705 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$237,000
gross annual household income
- Payment at 4%
- $5,841 / mo
- Cash down
- $277,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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