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New3 days ago

RG11 - 398 Highway 7 N/A E

Doncrest, Richmond Hill

$1,198,000

Condo Apartment |
3 | 2 | 2 | 1
About this home

Welcome to Prestige Valley Meadows, where space, style and spectacular views come together in this impressive Lower Penthouse. Offering approximately 1,373 sq. ft. of interior living space and 1,529 sq. ft. total measured area including two balconies, this bright and spacious 3-bedroom, 2-bathroom residence is surrounded by expansive windows, filling the suite with natural light and offering breathtaking panoramic views from virtually every corner. Enjoy two balconies, including a wraparound balcony, providing exceptional outdoor space for relaxing, entertaining and enjoying the beautiful open views. The thoughtfully designed layout features generous principal rooms, a spacious kitchen and excellent separation of living.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size1200-1399 sq. ft.
Maintenance Fees$1,475
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces2
Parking FeaturesNone
Property Tax$4,700
mls© NumberN14027668
Listed ByCENTURY 21 HERITAGE GROUP LTD.
Heat Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

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%
$6,132
Property tax
$392
Heat allowance
$150
Condo fees, half counted
$737
Housing costs
$7,411 / mo

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

Down payment20% · $239,600
25-yr amortization

Income needed

$228,000

gross annual household income

Payment at 4%
$5,041 / mo
Cash down
$239,600

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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