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New5 days ago

42 Nicholson Way

Aileen-Willowbrook, Markham

$668,000

Condo Townhouse |
3 | 2 | 2
About this home

Great opportunity to own a 3-bedroom, 2-full-bath condo townhouse in a desirable, family-friendly location. This home offers excellent potential for buyers looking to update and personalize a property to their own taste. The main floor features a walkout to a quaint backyard with a deck, providing a pleasant outdoor space for relaxing or entertaining. South-facing exposure brings in an abundance of natural light.The home is equipped with forced-air gas heating, an important feature that sets it apart from other units in the complex that may have electric baseboard heating. The finished basement provides valuable additional living space, ideal for a recreation room, home office, or family area. Convenient access to the garage and an interlock walkway add to the home's functionality.Ideally located close to parks, schools, public transit, the Thornhill Community Centre & Library, and a variety of shopping and everyday amenities. A great opportunity to renovate and create your own vision in a well-connected, family-friendly neighbourhood.**photos are virtually staged*

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agent
Angela Montano
(647) 283-2643
TypeCondo Townhouse
Style2-Storey
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$578
LockerEnsuite
BalconyNone
ExposureSouth
Parking TypeAttached
Parking Spaces2
Parking FeaturesPrivate
Property Tax$2,955
Lot Size x
mls© NumberN13677178
Listed ByPAUL ZAMMIT REAL ESTATE LTD.

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%
$3,419
Property tax
$246
Heat allowance
$150
Condo fees, half counted
$289
Housing costs
$4,105 / mo

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

Down payment20% · $133,600
25-yr amortization

Income needed

$126,000

gross annual household income

Payment at 4%
$2,811 / mo
Cash down
$133,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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