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New1 day ago

216 - 372 Highway 7 East Highway

Doncrest, Richmond Hill

$428,000

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

Welcome to modern luxury & prime convenience at Royal Gardens Condominiums. Situated in a well managed building with low maintenance fees, this bright unit features a functional open concept layout filled with natural light. The kitchen boasts stylish finishes and ample cabinetry, opening to a spacious living/dining area. Enjoy peace of mind with a 1 year new washer and dryer. Unbeatable location steps to Viva/YRT transit, top rated restaurants, supermarkets, plazas, and quick access to Hwy 404/407. Amenities include concierge, gym, golf sim, party room, visitor parking & more. Move in ready.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age11-15
Size500-599 sq. ft.
Maintenance Fees$417
LockerOwned
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,067
mls© NumberN14084752
Listed ByINTERNATIONAL REALTY FIRM, INC.
Water Included
Heat 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

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,191
Property tax
$172
Heat allowance
$150
Condo fees, half counted
$208
Housing costs
$2,721 / mo

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

Down payment20% · $85,600
25-yr amortization

Income needed

$84,000

gross annual household income

Payment at 4%
$1,801 / mo
Cash down
$85,600

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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