919 Caribou Valley Circle
Armitage, Newmarket
$658,888
Attention One And All Great Townhouse In Prime Area, Walk-out Finished Basement Close To All Amenities, Property Rented For Last 4 Years To Great Tenants That Would Like To Stay- perfect For Investors. Some photos are virtually staged. Please remember that today's prices are tomorrow's profits.
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| Type | Condo Townhouse |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1000-1199 sq. ft. |
| Maintenance Fees | $330 |
| Locker | None |
| Balcony | None |
| Exposure | North |
| Parking Type | Other |
| Parking Spaces | 2 |
| Parking Features | Private |
| Property Tax | $3,046 |
| Lot Size | x |
| mls© Number | N13755160 |
| Listed By | ROYAL LEPAGE PREMIUM ONE REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,372
- Property tax
- $254
- Heat allowance
- $150
- Condo fees, half counted
- $165
- Housing costs
- $3,941 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$121,000
gross annual household income
- Payment at 4%
- $2,773 / mo
- Cash down
- $131,778
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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