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Listed 15 days ago

73 Menotti Drive

Oak Ridges, Richmond Hill

$1,499,900

Detached|2-Storey
5 | 5 | 7
About this home

Welcome to the Highly Sought-After Oak Ridges Community in Richmond Hill!*Stunning family home offering 3,035 sq ft of upgraded masterpiece living in a luxury home community, with over $280K in upgrades from the builder. The custom kitchen is a showstopper, featuring high-end appliances including a Sub-Zero 48" fridge and Wolf 36" 6-burner gas range, premium quartz counters, and a custom island with spacious breakfast area. The spacious living room boasts a double-sided fireplace and abundant natural light, while the open-concept executive dining room flows into a bright, welcoming space with soaring 20-ft ceilings.Outdoors, enjoy $100K spent on front interlock, backyard garden & deck - a beautifully landscaped space perfect for entertaining, complete with a fully fenced yard, 5 parking spaces on the driveway, plus a 2-car garage.The upper floor features a spacious primary bedroom with an upgraded 5-piece ensuite and walk-in closet, plus four additional bedrooms and two fully upgraded bathrooms. Downstairs, a $100K professionally finished basement with a luxury kitchen, one bedroom, and a walk-up entrance offers excellent income potential or space for extended family.Additional features include 10-ft smooth ceilings on the main floor, 9-ft ceilings on the second floor and basement, luxury hardwood floors, custom curtains, main-floor laundry, and outdoor pot lights throughout.Unbeatable Location - Close to parks, schools, the library, restaurants, and everyday amenities, with easy access to Bloomington GO Station and Bus 88 to Finch Station.A must-see property!!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$7,974
Lot Size12.2 metres x 30 metres
mls© NumberN13681420
Listed ByHOMELIFE GOLCONDA REALTY INC.

Listing History

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What the bank counts

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

Mortgage, tested at 6%
$7,677
Property tax
$665
Heat allowance
$150
Housing costs
$8,492 / mo

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

Down payment20% · $299,980
25-yr amortization

Income needed

$261,000

gross annual household income

Payment at 4%
$6,312 / mo
Cash down
$299,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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