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Listed 1 month ago

254 Lakeland Crescent

Oak Ridges Lake Wilcox, Richmond Hill

$1,580,000

Detached|Bungalow-Raised
2 | 2 | 4
About this home

Fantastic Opportunity to Renovate or built on 100 x 125 Ft Lot In The Quiet Crescent POTENTIAL DOUBLE SIZED LOT for 2 New Single family Residence Well Over 4000 Sq Ft Above Grade. Steps From Yonge Street. Rare To Find Such A Large Lot In The Area, Surrounded By Multi-Million Dollars Homes.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$6,258
Lot Size100 ft x 125 ft
mls© NumberN13513000
Listed ByROYAL LEPAGE TERREQUITY 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%
$8,087
Property tax
$522
Heat allowance
$150
Housing costs
$8,759 / mo

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

Down payment20% · $316,000
25-yr amortization

Income needed

$269,000

gross annual household income

Payment at 4%
$6,649 / mo
Cash down
$316,000

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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