16 Credit Lane
Jefferson, Richmond Hill
$1,100,000
Modern double garage townhome with 4 bedrooms and 4 bathrooms, includes two en-suite bedrooms, inspired by award-winning designer Jane Lockhart, prestigious trendy and elegant architectural design interior and exterior, located on Bayview/19th in highly desirable Jefferson community of Richmond Hill ** Rare 10ft ceiling Living Diving Kitchen, 9ft Master, Smooth ceiling thru-out ** floor to ceiling large windows make natural lights from front and back side ** massive rooftop terrace perfect for entertaining ** mins to GO train station, HWY404, parks, shopping center, Holy Trinity school, Richmond Hill High School.
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| Type | Att/Row/Townhouse |
| Style | 3-Storey |
| Approx. Age | New |
| Size | 2000-2500 sq. ft. |
| Property Tax | $5,049 |
| Lot Size | 18.96 ft x 70.28 ft |
| mls© Number | N13164506 |
| Listed By | CENTURY 21 KING`S QUAY REAL ESTATE INC. |
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%
- $5,630
- Property tax
- $421
- Heat allowance
- $150
- Housing costs
- $6,201 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$191,000
gross annual household income
- Payment at 4%
- $4,629 / mo
- Cash down
- $220,000
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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