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Listed 4 months ago

5 Penwick Crescent

North Richvale, Richmond Hill

$949,000

Freehold Townhouse|2-Storey
3 | 2 | 4
About this home

Located On Quiet Crescent In North Richvale. Short Distance To Hillcrest Mall, Place Of Worship, Schools, Parks, Public Transit And Walking Trails. Extra Long Private Drive. Mature And Fully Fenced South Facing Lush Backyard Offers Ultimate In Privacy. 3 Bedrooms, Fully Finished Lower Level With 2nd Bath. Tons Of Storage Space.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeAtt/Row/Townhouse
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,208
Lot Size10.02 ft x 0 ft
mls© NumberN13455634
Listed ByHOMELIFE FRONTIER REALTY INC.

Listing History

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

Schools

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What the bank counts

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

Mortgage, tested at 6%
$4,857
Property tax
$351
Heat allowance
$150
Housing costs
$5,358 / mo

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

Down payment20% · $189,800
25-yr amortization

Income needed

$165,000

gross annual household income

Payment at 4%
$3,994 / mo
Cash down
$189,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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