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New5 days ago

221 Snowshoe Crescent

German Mills, Markham

$1,128,000

Detached|2-Storey
4 | 3 | 3
About this home

A Lovely Well-kept , Move in Ready Home in German Mills! This Beautifully maintained and extensively updated 2 storey family home offers 4 bedrooms, 3 bathrooms, a spacious Living Room , Large Dining and a Separate Family room combined with updated Kitchen .Have your daily breakfast in Family Size Open Countertop Island enjoying the Green Backyard providing exceptional space for both everyday family living and entertaining. Enjoy memorable Cozy winter evenings by the fireplace, creating the perfect warm and inviting atmosphere. Main Floor Powder Room and expansive Closet . The finished basement with separate entrance and kitchen offers excellent potential for an in-law suite or rental income, with a bedroom and walk in closet an opportunity to help offset your mortgage. The professionally landscaped front yard adds wonderful curb appeal and outdoor space to enjoy. Ideally located near top ranked schools, Bayview Golf and Country club, parks, trails, tennis courts, highways. A wonderful opportunity to enjoy the Mills' most desirable neighborhoods. A must see!!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$5,695
Lot Size35 ft x 124.5 ft
mls© NumberN13821526
Listed ByHARVEY KALLES REAL ESTATE LTD.

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  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,774
Property tax
$475
Heat allowance
$150
Housing costs
$6,398 / mo

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

Down payment20% · $225,600
25-yr amortization

Income needed

$197,000

gross annual household income

Payment at 4%
$4,747 / mo
Cash down
$225,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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