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Listed 1 year ago

110 - 7428 Markham Road

Middlefield, Markham

$749,900

Condo Apartment |
2 | 2 | 2 | 1
About this home

Newly Renovated Unit from Top To Bottom. No expense has been spared. Custom glass shower enclosure. Accent wall. Open Concept 2 Bdrm With 2 Washroom In Desirable Middlefield Community. The Best Opportunity To Living In A High Demand area of Markham. 2 Parking Spaces And 1 Locker Included. You pay only electricity on top of maintenance fees no water bills. Lots of Upgrades, Quartz Counter Top, Backsplash In The Kitchen, Freshly Painted, New Laminate Flooring And Much More. Close To Schools, Park, Shopping, Restaurants, Public Transit and Hwy 407.-

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$609
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces2
Parking FeaturesSurface
Property Tax$2,500
mls© NumberN12362657
Listed ByRE/MAX REALTRON REALTY INC.
Common Elements Included
Condo Taxes Included
Heat Included
Building Insurance Included
Parking Included
Water Included
CAC 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%
$3,838
Property tax
$208
Heat allowance
$150
Condo fees, half counted
$305
Housing costs
$4,501 / mo

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

Down payment20% · $149,980
25-yr amortization

Income needed

$139,000

gross annual household income

Payment at 4%
$3,156 / mo
Cash down
$149,980

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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