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Listed 7 days ago

250 Summeridge Drive

Patterson, Vaughan

$1,580,000

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

Priced to sell! Well maintained beautiful detached home with 9 feet ceiling on main floor in the heart of the sought-after Thornhill Woods. Just a little shy of 2500 sf. Extensively upgraded bottom to top with over $200,000 spent. This home features a fantastic open concept layout w/ lofty 18 ft family room, sun-filled living room/dinning room, large kitchen and breakfast area on the main floor; 4 spacious bedrooms with 2 ensuites on the second floor. All rooms are spacious and square, no strange & funny shapes or waste of space. Separate entrance to the basement from the garage. Basement finished with one bedroom, one recreation room and one bathroom. Zoned for Thornhill Woods Public School and Stephen Lewis Secondary School. Steps to Thornhill woods park, Sugarbush heritage park, Richmond Hill Golf Club. Close to highway, shopping mall and schools.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age16-30
Size2000-2500 sq. ft.
Property Tax$7,245
Lot Size45.01 ft x 85.3 ft
mls© NumberN13814040
Listed ByCENTURY 21 MYPRO REALTY

Listing History

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  • 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%
$8,087
Property tax
$604
Heat allowance
$150
Housing costs
$8,841 / mo

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

Down payment20% · $316,000
25-yr amortization

Income needed

$272,000

gross annual household income

Payment at 4%
$6,649 / mo
Cash down
$316,000

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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