37 Arnold Crescent
Mill Pond, Richmond Hill
$989,900
Welcome to 37 Arnold Ave a Classic Registered (1860) Heritage Home in the heart of Richmond Hill adjacent to Yonge St. true center hall plan with Formal Dining Room and Spacious sunny Living Room. Fabulous renovated up to date kitchen with stainless steel appliances and granite countertops. Also two renovated modern bathrooms with four bedrooms. Principal bedroom has a large walk in closet with custom built-in cabinetry. This home includes a main floor laundry room/exercise room with built in cabinets. Walkout to large backyard with shed and patio area. Some classic features of older homes are the higher ceilings, wide floor boards in some rooms, etc. This property has a mixed use designation, so great potential for office/business use steps to Yonge St.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,012 |
| Lot Size | 51.25 ft x 130.5 ft |
| mls© Number | N13623994 |
| Listed By | RE/MAX HALLMARK YORK GROUP REALTY LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,067
- Property tax
- $418
- Heat allowance
- $150
- Housing costs
- $5,634 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$173,000
gross annual household income
- Payment at 4%
- $4,166 / mo
- Cash down
- $197,980
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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