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Listed 2 months ago

79 Millman Lane

Rural Richmond Hill, Richmond Hill

$1,054,000

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

One of the newest modern townhomes to have a highly sought after Richmond Hill address! This thoughtfully designed 3 bedroom home has features like: direct access from the single car garage with private driveway that provides convenience and comfort. Ideally located just minutes away from Hwy 404, Gormley Go Station, Costco, Home Depot, banks supermarkets and restaurants. Zoned for the top-ranking Richmond Green Secondary School. Don't miss this rare opportunity for a brand new never lived in home in a prime location. Property taxes are subject for reassessment.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeAtt/Row/Townhouse
Style3-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$2,233
Lot Size19.69 ft x 78.74 ft
mls© NumberN13720278
Listed ByRESIDENTIAL DEVELOPMENT SERVICES 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%
$5,395
Property tax
$186
Heat allowance
$150
Housing costs
$5,731 / mo

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

Down payment20% · $210,800
25-yr amortization

Income needed

$176,000

gross annual household income

Payment at 4%
$4,435 / mo
Cash down
$210,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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