2 Gallacher Avenue
Oak Ridges, Richmond Hill
$1,545,000
This charming three bedroom bungalow, lovingly maintained by the original family since 1963, is located on a quiet street and situated on a beautifully treed 75 x 200 ft rectangular shaped lot with curated gardens. A short walking distance to the East Humber Trail system and many amenities including the many shops and restaurants on Yonge St. Within an hour or less drive to Toronto or take the GO train in from either the King, Gormley, or Bloomington Stations. Nearby to many-top-tier private schools including The Country Day School, Villanova College, Seneca College, St. Andrew's College, and more. This property is undeniably special, much admired, and ready for the next owner.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $6,582 |
| Lot Size | 75.06 ft x 201.27 ft |
| mls© Number | N12958776 |
| Listed By | CHESTNUT PARK REAL ESTATE LIMITED |
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%
- $7,908
- Property tax
- $548
- Heat allowance
- $150
- Housing costs
- $8,606 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$265,000
gross annual household income
- Payment at 4%
- $6,502 / mo
- Cash down
- $309,000
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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