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Listed 4 months ago

707 - 40 Richview Road

Humber Heights, Toronto

$609,900

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

VERY BEAUTIFUL AND COMPLETELY UPGRADED CORNER UNIT WITH LOTS OF SUN LIGHT IN LIVING DINNING AND KITCHEN AREA. UPGRADED LAMINATE FLOORS IN LIVING DINNING AREA, SURROUNDED BY LARGE WINDOWS; BEAUTIFUL UPGRADED KITCHEN, WITH POT LIGHTS AND NICE APPLIANCES. CONVENIENT IN UNIT LAUNDRY; PRIMARY BEDROOM WITH WALK-IN CLOSET, BUILT-IN VANITY AND 4 PC WASHROOM. VERY GOOD LAYOUT AND VERY WELL KEPT UNIT, NO DISAPPOINTMENTS.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$1,263
LockerExclusive
BalconyNone
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,564
mls© NumberW13025964
Listed ByHOMELIFE SILVERCITY REALTY INC.
Heat Included
Common Elements Included
Building Insurance Included
Hydro Included
CAC Included
Water Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$3,122
Property tax
$214
Heat allowance
$150
Condo fees, half counted
$631
Housing costs
$4,117 / mo

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

Down payment20% · $121,980
25-yr amortization

Income needed

$127,000

gross annual household income

Payment at 4%
$2,567 / mo
Cash down
$121,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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