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New2 days ago

8 Planet Street

Observatory, Richmond Hill

$1,999,000

Detached|2-Storey
4 | 5 | 4
About this home

Welcome to Observatory Hill. Luxury Residence With Your Own Elevator. Designer Finishes Throughout. Coffered Ceiling In Living/Dining Room. High-End Sub-Zero Fridge And Wolf Gas Cooktop. Gleaming Hardwood Flooring Throughout. Smart Remote Controlled Lighting. All Four Bedrooms Have Ensuite Bathroom. Fully Fenced Pie Shaped Lot. Comes With TARION Warranty. Steps To David Dunlap Observatory (Canada's Largest Optical Telescope), Banks, Restaurants & Shops. Close To Newkirk GO Station, Hwy 404, Hwy 407, Hillcrest Mall & All Amenities.

Extras

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Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
Style2-Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$11,431
Lot Size41.12 metres x 98.52 metres
mls© NumberN13725856
Listed ByHOMELIFE FRONTIER 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%
$10,232
Property tax
$953
Heat allowance
$150
Housing costs
$11,334 / mo

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

Down payment20% · $399,800
25-yr amortization

Income needed

$349,000

gross annual household income

Payment at 4%
$8,412 / mo
Cash down
$399,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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