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New4 days ago

56 Sunshine Drive

Observatory, Richmond Hill

$1,098,000

Detached|2-Storey
3 | 3 | 3
About this home

Welcome to 56 Sunshine Dr! This beautiful 3-bedroom, 3-bathroom detached home offers 2-storey living in the heart of Richmond Hill. Bright, spacious, and well maintained, the home has been freshly painted and is truly move-in ready. Featuring a gorgeous kitchen with granite countertops, pot lights, and a convenient breakfast area. Hardwood flooring flows throughout the living, dining, and bedrooms. The living room offers a walk-out to a large deck-perfect for outdoor entertaining and relaxation. The finished basement provides additional living space, including a 4th bedroom with a walk-in closet and a 3-piece bathroom. Ideally located just steps from Yonge Street, shopping, restaurants, Hillcrest Mall, schools, and public transit, with easy access to Hwy 404, Hwy 407, and Hwy 7. A fantastic opportunity in a highly desirable Richmond Hill location!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,713
Lot Size29.53 ft x 100.16 ft
mls© NumberN13721120
Listed ByCENTURY 21 LEADING EDGE 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%
$5,620
Property tax
$393
Heat allowance
$150
Housing costs
$6,163 / mo

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

Down payment20% · $219,600
25-yr amortization

Income needed

$190,000

gross annual household income

Payment at 4%
$4,621 / mo
Cash down
$219,600

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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