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Observatory, Richmond Hill
$1,490,000
Obertvatory Hill townhouse with INCOME UNIT! This fantastic property was designed with comfort in mind. It is not your average townhouse- you will find bright, modern spaces in the main house with high ceilings and huge windows creating the light airy space you've been looking for, But then it also has the bonus of an addtional Coach House! The main house, main floor, features a fabulous Living Space, a Dining Area and then? the Kitchen! Clean lines, white cabinets with white quartz counters. A Butler's Pantry and a walk-in Patntry for storage! Imagine prepping meals while family and friends sit at the breakfast bar! There are 2 bedrooms on the 2nd floor and then 2 on the 3rd floor and ALL of them have their OWN ENSUITE BATHROOM!. The primary has a walk-in closet and a stunning 5 piece ensuite with his + hers sinks, a freestanding soaker tub and a separate shower. You will love the light neutral tones throughout this entire home. There is a double garage and the basement provides loads of extra storage too. But that's not all- the charming Coach House over the Garage provides flexibility- either a bonus space for family/ guests, or a home office, or additional income! This special property is waiting for you. Taxes per Geowarehouse. Sold under power of sale. Sold As-Is, Where Is. Seller does not warranty any aspects of property, including but not limited to: sizes, taxes or condition.
No extras listed.
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| Type | Att/Row/Townhouse |
| Style | 3-Storey |
| Approx. Age | 0-5 |
| Size | 2500-3000 sq. ft. |
| Property Tax | $8,785 |
| Lot Size | 22.01 ft x 107.28 ft |
| mls© Number | N13226644 |
| Listed By | SOLID ROCK REALTY |
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%
- $7,626
- Property tax
- $732
- Heat allowance
- $150
- Housing costs
- $8,509 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$262,000
gross annual household income
- Payment at 4%
- $6,270 / mo
- Cash down
- $298,000
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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