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Listed 8 days ago

611 - 309 Major Mackenzie Avenue

Harding, Richmond Hill

$418,800

Condo Apartment |
1 + 1 | 2 | 1 | 1
About this home

Welcome to Cedar Gate condo living in this exceptional property. Ideally suited for those downsizing or just starting out, the residence boasts a thoughtful layout and ample space. The highways, public transit, hospital, mall, and more. Building amenities include a pool, sauna, rec room, party room, tennis, squash, gym, library, and 24-hour security. Kitchen is equipped with a double sink, pantry, and convenient access to laundry facilities. The combined dining and living area is bathed in natural light, while the master bedroom, features expansive closets, ample storage, a 4-piece ensuite, and direct access to a versatile den. Den offers endless possibilities, Perfect for working from home or as a small bedroom, Residents will appreciate the property's prime location, with easy access to the Go Station, highways, public transit, hospital, mall, and more. Building amenities include a pool, sauna, rec room, party room, tennis, squash, gym, library, and 24-hour security.

Extras

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$779
LockerOwned
BalconyNone
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,784
mls© NumberN13705792
Listed ByCENTURY 21 PERCY FULTON LTD.
Heat Included
Water Included
Cable TV Included
CAC Included
Common Elements Included
Building Insurance Included
Parking 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 actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,144
Property tax
$149
Heat allowance
$150
Condo fees, half counted
$389
Housing costs
$2,832 / mo

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

Down payment20% · $83,760
25-yr amortization

Income needed

$87,000

gross annual household income

Payment at 4%
$1,762 / mo
Cash down
$83,760

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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