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Listed 25 days ago

4 Wendy Way

Oak Ridges, Richmond Hill

$1,400,000

Detached|Bungalow
3 | 2 | 5
About this home

4 Wendy Way is suited to accommodate a couple of generations if a multi generational set up is what you desire. A 3 bedroom bungalow with a finished lower level that contains an in-law suite. Main floor is complete with Living and dining room off the kitchen along with 3 bedrooms. Lower levels family room is open to your eating area and kitchen and offers 2 more bedrooms. A great investment opportunity for first time buyer or someone needing accommodation for a caregiver or extended family or simply looking for extra income. Transportation options in this area include; YRT bus service & GO station near by. Community centers, a number of educational facilities, Medical Centre and all amenities can be found in the friendly hub of Oak Ridges. Access to your major travel routes are close at hand, Hwy 400 to the West and 404 to the east.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$5,344
Lot Size65 ft x 115 ft
mls© NumberN13553980
Listed ByRIGHT AT HOME REALTY

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%
$7,166
Property tax
$445
Heat allowance
$150
Housing costs
$7,761 / mo

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

Down payment20% · $280,000
25-yr amortization

Income needed

$239,000

gross annual household income

Payment at 4%
$5,891 / mo
Cash down
$280,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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