Listed 2 months ago
68 Ritchie Avenue
Central, Ajax
$1,050,000
Detached|2-Storey
4 | 4 | 4
About this home
This is a Power of Sale. HOME SELLING ON AN AS IS WHERE IS BASIS. 2 Storey Detached , Four Bedroom Brick Home Offers 2066 Sq Ft. Main Floor Kitchen with Island and walk out to Deck. Access To HWY 401, 407 and GO Transit Minutes to Schools and Shopping.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 16-30 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $6,115 |
| Lot Size | 39.37 ft x 108.27 ft |
| mls© Number | E13445236 |
| Listed By | RE/MAX PREMIER INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,374
- Property tax
- $510
- Heat allowance
- $150
- Housing costs
- $6,034 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $210,000
25-yr amortization
Income needed
$186,000
gross annual household income
- Payment at 4%
- $4,419 / mo
- Cash down
- $210,000
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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