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Listed 8 days ago

507 - 5 Weldrick Road W

North Richvale, Richmond Hill

$529,900

Condo Apartment |
2 | 2 | 1 | 1
About this home

Welcome to North Richvale, in the Heart of Richmond Hill. This Building is Conveniently Located a Short Walk Off Yonge Street Between Major MacKenzie and 16th Ave. This South Facing 1,237 sq ft Unit is Move In Ready. The Primary Bedroom Features His and Hers Closets and a 4 Piece Ensuite. The Unit Features a Second Bedroom, Laundry and Second 4 Piece Bathroom. The Open Concept Living/Dining Area Leads to a Solarium - A Perfect Reading/Quiet Area/Craft Area/ 3rd Bedroom or Office. The Maintenance Fee Includes All Utilities. Weather Buyer(s) are End Users or Wish to Renovate/Update and Re-List This Property is Priced to Sell.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$1,100
LockerExclusive
BalconyNone
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesSurface
Property Tax$2,600
mls© NumberN13881128
Listed ByROYAL LEPAGE RCR REALTY
Heat Included
Hydro Included
Water Included
Cable TV Included
CAC Included
Building Insurance Included
Common Elements Included
Parking Included

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%
$2,712
Property tax
$217
Heat allowance
$150
Condo fees, half counted
$550
Housing costs
$3,629 / mo

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

Down payment20% · $105,980
25-yr amortization

Income needed

$112,000

gross annual household income

Payment at 4%
$2,230 / mo
Cash down
$105,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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