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Listed 2 months ago

1101 - 56 Elizabeth Street S

Mill Pond, Richmond Hill

$578,700

Condo Townhouse |
2 | 2 | 1 | 0
About this home

Welcome To High Point Urban Towns! A Secluded Enclave of Urban Towns In The Heart of downtown Richmond Hill. Presenting The "WILSON" Model, a Brand New spacious single level town with 2 Bed & and 2 bathrooms. 1,242 Interior Sqft. home featuring smooth ceiling throughout & pot lights in the great room . An additional 185 Sqft. Front & back Terrace, perfect forgathering. 1 parking included in price. Contemporary Style Interior Finishing! Maintenance fees include internet. Easy Access To Toronto, Nearby GO, And Transit Stops, Access To Hwy 404and Hwy 400.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Townhouse
StyleStacked Townhouse
Approx. AgeNew
Size1200-1399 sq. ft.
Maintenance Fees$515
LockerNone
BalconyTerrace
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax---
mls© NumberN13476448
Listed ByPIVOT REAL ESTATE GROUP
Common Elements Included
Parking Included
Building Insurance 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 estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,962
Property tax (estimated)
$0
Heat allowance
$150
Condo fees, half counted
$257
Housing costs
$3,369 / mo

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

Down payment20% · $115,740
25-yr amortization

Income needed

$104,000

gross annual household income

Payment at 4%
$2,435 / mo
Cash down
$115,740

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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