New1 hour ago
18 Tangmere Crescent
Milliken Mills East, Markham
$1,268,000
Detached|2-Storey
3 | 5 | 6
About this home
Great Location!!! Close To Pacific Mall, School, T&T Supermarket, Restaurants, Library & Park. 8 Mins Drive To Highway 404. Basement Separated Entrance Finished With 2 Bedrooms With Ensuite Washroom. Great property with stable rental income. Excellent Opportunity For 1st Time Home Buyer And Investors.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,000 |
| Lot Size | 29.92 ft x 110 ft |
| mls© Number | N13642852 |
| Listed By | HOMELIFE LANDMARK 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%
- $6,490
- Property tax
- $417
- Heat allowance
- $150
- Housing costs
- $7,057 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $253,600
25-yr amortization
Income needed
$217,000
gross annual household income
- Payment at 4%
- $5,336 / mo
- Cash down
- $253,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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