697 Limpert Terrace
Gorham-College Manor, Newmarket
$698,000
Desired Townhouse On Newmarket High School Districts. Just 3 Min To Hwy 404! Spacious Layout With Lots Of Natural Light! Gorgeous Hardwood Flooring On Main Level and The Kitchen Was Renovated In 2021. Finished Basement With Large Rec Room, Laundry . Master Bdrm Features 4 Pc Ensuite & Large W/I Closet, 4 Pc Bath On Upper Level. Large Closets In 2nd/3rd Bdrms. Lovely Large Backyard Was Tidied Up In 2021. Steps To Public Transit, Magna Rec Centre , Pool, Ice Rinks, Schools & Parks! Do Not Miss It!!!
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| Type | Condo Townhouse |
| Style | 2-Storey |
| Approx. Age | 16-30 |
| Size | 1000-1199 sq. ft. |
| Maintenance Fees | $343 |
| Locker | None |
| Balcony | None |
| Exposure | South |
| Parking Type | Built-In |
| Parking Spaces | 2 |
| Parking Features | Private |
| Property Tax | $2,900 |
| Lot Size | x |
| mls© Number | N13561794 |
| Listed By | REAL LAND REALTY 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%
- $3,573
- Property tax
- $242
- Heat allowance
- $150
- Condo fees, half counted
- $172
- Housing costs
- $4,136 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$127,000
gross annual household income
- Payment at 4%
- $2,937 / mo
- Cash down
- $139,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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