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Listed 1 month ago

16 - 7 Phelps Lane

Oak Ridges, Richmond Hill

$719,900

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

The Perfect End Unit Townhome In Richmond Hill Backing Onto Ravine 3 Years New* Soaring 9 Ft Ceilings On Main & Second Floor* Smooth Ceilings Throughout* All New Flooring Throughout* Pot lights* All New Light Fixtures Throughout* All Spacious Bedrooms* Primary Bedroom W/ Breathtaking Views Of Ravine Including 4 Pc Ensuite & Ample Closet Space* Second Floor Laundry* Open Concept Living & Dining* Floor To Ceiling Windows* Kitchen Featuring Large Centre Island* Granite Counters* All Stainless Steel Appliances* Tons Of Cabinet Space* Breakfast Area W/ Beautiful Walk Out To Your Own Private Terrace* Enjoy Morning Coffee W/ Breathtaking Views Of Green-space Massive Rooftop Terrace W/ Gas BBQ Hook Up* The Property is located near Top-Ranked Schools, Parks,R estaurants, and Public Transport

Extras

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Townhouse
Style2-Storey
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$274
LockerEnsuite
BalconyTerrace
ExposureSouth
Parking TypeBuilt-In
Parking Spaces1
Parking FeaturesNone
Property Tax$4,621
mls© NumberN13500578
Listed ByHOMELIFE EAGLE REALTY INC.
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%
$3,685
Property tax
$385
Heat allowance
$150
Condo fees, half counted
$137
Housing costs
$4,357 / mo

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

Down payment20% · $143,980
25-yr amortization

Income needed

$134,000

gross annual household income

Payment at 4%
$3,029 / mo
Cash down
$143,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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