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New2 days ago

1404 - 56 Elizabeth Street

Mill Pond, Richmond Hill

$688,000

Condo Townhouse |
3 | 3 | 1 | 0
About this home

Great Value in the Heart of Richmond Hill! Less than 1-year-old stacked townhouse within walking distance to Yonge St. This sun-filled west-facing 2+Den (den with doors, ideal as a 3rd bedroom or office) offers a smart, functional layout with an open-concept kitchen, dining, and living area, plus a stylish breakfast island. Unit includes one owned parking space plus the option to continue renting a second spot from a fellow resident . Enjoy the perfect blend of comfort and convenience-nestled in a quiet enclave yet just minutes to vibrant amenities including the library, Wave Pool, arena, hospital, top-rated schools, and GO Transit. A modern lifestyle opportunity not to be missed! 270 Sqf outdoor terrace. Front Entrance facing the parking lot.

Extras

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Got questions?

Contact Angela directly.

agent
Angela Montano
(647) 283-2643

This seller is likely holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeCondo Townhouse
StyleStacked Townhouse
Approx. Age0-5
Size1200-1399 sq. ft.
Maintenance Fees$520
LockerNone
BalconyTerrace
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax---
mls© NumberN13631726
Listed ByMASTER`S CHOICE REALTY INC.
Common Elements 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 estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,521
Property tax (estimated)
$0
Heat allowance
$150
Condo fees, half counted
$260
Housing costs
$3,931 / mo

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

Down payment20% · $137,600
25-yr amortization

Income needed

$121,000

gross annual household income

Payment at 4%
$2,895 / mo
Cash down
$137,600

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

Nearby listings

Comparable sales

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