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New5 days ago

7 Philips Lake Court

Jefferson, Richmond Hill

$1,699,900

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

Remarkable luxury home located in prestigious Jefferson Forest, a property where design, comfort & everyday living come together. Move in ready & thoughtfully upgraded. This home is approx 2,861 sqft with a with a additional1,400 sqft unfinished in the bsmt. Newly renovated, with premium renovations shows in every room. The culinary chefs kitchen features quartz countertops, an extra large sink, a stainless steel & glass hood, a brand new Cafe six burner gas range & a brand new Samsung refrigerator, all amongst designer flooring & accent lighting. The master bath spa inspired bathroom features a curbless frameless glass shower with a rain shower system, custom vanities, a freestanding soaking tub, & LED lit anti fog mirrors. Every room carries the same attention to detail, from the smooth ceilings to the three coats of premium paint to the designer accent walls and the executive wainscoting. Smart home upgrades is a luxury touch, whole home LED pot lights, centrally monitored ring security with eight HD camera, and Weiser smart locks. The private backyard is perfect for entertaining family and friends. You'll also find new modern garage doors, front & backyard is fully interlocked, professionally landscaped gardens and an illuminated address feature wall. You are walking distance to Philips Lake, the Oak Ridges Moraine Trail & parks, and within top ranked schools MacLeod's Landing P.S. & Alexander Mackenzie H.S. Close to groceries (Farm Boy, Sobeys) shopping at Hillcrest Mall, and public transit & Highway 404/407. This is a rare opportunity to own a fully upgraded home in one of Jefferson Forest's most sought after pockets. Just Move In and Decorate!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$7,996
Lot Size44.95 ft x 88.58 ft
mls© NumberN13828226
Listed ByCENTURY 21 LEADING EDGE REALTY INC.

Listing History

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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%
$8,701
Property tax
$666
Heat allowance
$150
Housing costs
$9,517 / mo

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

Down payment20% · $339,980
25-yr amortization

Income needed

$293,000

gross annual household income

Payment at 4%
$7,153 / mo
Cash down
$339,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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