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Price Change$599,800

2203 - 58 Elizabeth Street S

Mill Pond, Richmond Hill

$618,800

Condo Townhouse |
2 | 2 | 1 | 1
About this home

Beautiful 2-bedroom Urban Suite in the heart of Richmond Hill. Enjoy the convenience of a true above-grade living space without the feel of a basement unit or the hassle of climbing multiple stairs. A great opportunity for first-time buyers, downsizers, or investors looking for a well-located unit with easy access and excellent value. Close to everything, the unit is within walking distance of Yonge Street, Major Mackenzie Drive, Richmond Hill Library, Mackenzie Health, Richmond Hill Hospital, and all the shops and restaurants of Downtown Richmond Hill. The unit faces beautiful open space in the back.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Townhouse
StyleStacked Townhouse
Approx. Age0-5
Size900-999 sq. ft.
Maintenance Fees$400
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,547
mls© NumberN13779742
Listed ByAIMHOME REALTY INC.
Parking Included
Common Elements 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%
$3,167
Property tax
$129
Heat allowance
$150
Condo fees, half counted
$200
Housing costs
$3,646 / mo

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

Down payment20% · $123,760
25-yr amortization

Income needed

$112,000

gross annual household income

Payment at 4%
$2,604 / mo
Cash down
$123,760

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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