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1404 - 56 Elizabeth Street
Mill Pond, Richmond Hill
$649,900
Great Value in the Heart of Richmond Hill! about 1 year old stacked townhouse within walking distance to Yonge St. This sun-filled west-facing 2+Den (den with doors, ideal as a 3rd bedroom or office),3 full baths offers a smart, functional layout with an open-concept kitchen, dining, and living area, plus a stylish breakfast island. Unit includes one owned parking space plus the option to continue renting a second spot from a fellow resident . Enjoy the perfect blend of comfort and convenience-nestled in a quiet enclave yet just minutes to vibrant amenities including the library, Wave Pool, arena, hospital, top-rated schools, and GO Transit. A modern lifestyle opportunity not to be missed! 270 Sqf outdoor terrace. Front Entrance facing the parking lot.
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| Type | Condo Townhouse |
| Style | Stacked Townhouse |
| Approx. Age | 0-5 |
| Size | 1200-1399 sq. ft. |
| Maintenance Fees | $520 |
| Locker | None |
| Balcony | Terrace |
| Exposure | West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $3,740 |
| mls© Number | N13877426 |
| Listed By | MASTER`S CHOICE REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,326
- Property tax
- $312
- Heat allowance
- $150
- Condo fees, half counted
- $260
- Housing costs
- $4,048 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$125,000
gross annual household income
- Payment at 4%
- $2,735 / mo
- Cash down
- $129,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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