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New3 days ago

1201 - 56 Elizabeth Street S

Mill Pond, Richmond Hill

$629,000

Condo Townhouse |
2 | 2 | 1 | 1
About this home

Stunning Two-Bedroom, Two-Bathroom Corner Unit In The Heart Of Richmond Hill. Offering Exceptional Value In A Highly Desirable Neighbourhood Surrounded By Multi-Million-Dollar Homes. Tasteful Upgrades And A Functional Layout Complement Three Exposures With North, East, And West-Facing Views, Providing Abundant Natural Light And A Wonderful Sense Of Openness. This Rare Floor Plan Is Found In Only Six Units Throughout The Community. Enjoy The Feel Of A Stacked Townhome Without The Hassle Of Multiple Stairs Or Levels. Ideally Located In Downtown Richmond Hill, Just Minutes From Libraries, Pools, Hospitals, Top-Rated Schools, Transit, And A Wide Range Of Amenities. Enjoy The Perfect Blend Of Comfort, Convenience, And Value In One Of Richmond Hill's Most Appealing Communities.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Townhouse
StyleStacked Townhouse
Approx. Age0-5
Size1000-1199 sq. ft.
Maintenance Fees$454
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,451
mls© NumberN14030026
Listed ByMII REALTY POINT
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%
$3,220
Property tax
$288
Heat allowance
$150
Condo fees, half counted
$227
Housing costs
$3,884 / mo

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

Down payment20% · $125,800
25-yr amortization

Income needed

$120,000

gross annual household income

Payment at 4%
$2,647 / mo
Cash down
$125,800

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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