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Listed 2 months ago

18 - 9 Phelps Lane

Oak Ridges, Richmond Hill

$817,000

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

Welcome to THE BOND ON YONGE, where this rare CORNER TOWN HOUSE UNIT stands out with a superior layout and unparalleled natural light. This upgraded 2-bedroom home features stunning hardwood flooring, sleek vanities, premium stone countertops, upgraded faucets, and top-of-the-line stainless steel appliances. The thoughtfully enhanced kitchen is perfect for any home chef. With a uniquely open, corner layout, the abundance of light is unmatched. The open-concept living and dining area flows seamlessly to private outdoor space. In addition, a custom shelf has been installed in the garage, providing extra storage or locker space. Located in the heart of Oak Ridges, you're just minutes from Lake Wilcox, Bond Lake, top-rated schools, transit, and highways. A one-of-a-kind opportunity you won't want to miss!

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Townhouse
Style2-Storey
Approx. Age0-5
Size1400-1599 sq. ft.
Maintenance Fees$283
LockerEnsuite
BalconyOpen
ExposureSouth East
Parking TypeAttached
Parking Spaces1
Parking FeaturesNone
Property Tax$4,002
mls© NumberN13225670
Listed ByPROXY REAL PROPERTY INC.
Common Elements Included
Parking Included
Building Insurance 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%
$4,182
Property tax
$334
Heat allowance
$150
Condo fees, half counted
$142
Housing costs
$4,807 / mo

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

Down payment20% · $163,400
25-yr amortization

Income needed

$148,000

gross annual household income

Payment at 4%
$3,438 / mo
Cash down
$163,400

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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