38 Tipp Drive
Rural Richmond Hill, Richmond Hill
$2,088,000
New Luxury Quality Built Home in Fast Developing Prestigious Oakridge Meadow Area, closed by Go Station/Hwy, Approx 2700 Sq Ft, M/F 10' Ceiling, 2/f 9' Ceiling, Basement 9' Ceiling, Extended Height Double Door Front Entrance, Hardwood thruout M/F & 2/F Hallway, Oak Stair w/Iron Pickets, all 4 Bedrooms Ensuite/Semi, Frameless Glass Shower Encl.
No extras listed.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 0-5 |
| Size | 2500-3000 sq. ft. |
| Property Tax | $7,760 |
| Lot Size | 38.06 ft x 88.58 ft |
| mls© Number | N13001374 |
| Listed By | CENTURY 21 KING`S QUAY REAL ESTATE INC. |
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%
- $10,687
- Property tax
- $647
- Heat allowance
- $150
- Housing costs
- $11,484 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$353,000
gross annual household income
- Payment at 4%
- $8,787 / mo
- Cash down
- $417,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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