12 Hostel Lane
North Richvale, Richmond Hill
$998,000
Welcome to this modern luxury 3-storey townhouse in the heart of Richmond Hill! Located on a quiet, family-friendly street in the highly desirable North Richvale community. Offering approximately 2,000-2,500 sq.ft. of bright, functional living space with 3 bedrooms and 4 bathrooms. Enjoy an open-concept layout with soaring 11-ft ceilings on the main floor, elegant living and dining areas, and a modern kitchen featuring granite countertops. Upgraded throughout with hardwood flooring, pot lights and quality finishes. Washer, dryer and existing appliances included. Conveniently located near top-rated schools, parks, shopping, restaurants, public transit and easy access to major highways. Move-in ready!
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| Type | Att/Row/Townhouse |
| Style | 3-Storey |
| Approx. Age | 0-5 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $6,198 |
| Lot Size | 27.4 ft x 63.92 ft |
| mls© Number | N13798124 |
| Listed By | HOMELINK GPS REALTY |
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%
- $5,108
- Property tax
- $517
- Heat allowance
- $150
- Housing costs
- $5,775 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$178,000
gross annual household income
- Payment at 4%
- $4,200 / mo
- Cash down
- $199,600
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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