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Raymerville, Markham
$1,088,000
Premium Lot Backing To Ravine W/Walking Trails.Sitting in the heart of Markham village. well kept family home on a decent lot with spacious interior layout. Hard wood floor on main & upper floor. fully finished one bedroom apartment in basement with separate entrance in backyard. ideal for potential rental income or in -law suite. lots of storage. yard with extra privacy with 2 level deck to the beautiful ravine, situated on a quiet cul-de-sac 2 min walk to Go train. The area is well known for its excellent school districts, with access to top rated public and Catholic schools. Transportation is highly convenient with easy access to Highway 7, McCowan Road, Nearby Highway 407 and York region Transit and walking distance to Go Transit. Residents enjoy close proximity to CF Markham mall, super markets, restaurants and daily amenities, Markham is recognizes as one of the safest city in GTA and this neighbourhood is valued for its quiet streets, friendly neighbours and strong community atmosphere.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $4,951 |
| Lot Size | 27.59 ft x 120.47 ft |
| mls© Number | N13561780 |
| Listed By | SUTTON GROUP-ADMIRAL REALTY INC. |
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%
- $5,569
- Property tax
- $413
- Heat allowance
- $150
- Housing costs
- $6,131 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$189,000
gross annual household income
- Payment at 4%
- $4,578 / mo
- Cash down
- $217,600
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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