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New6 days ago

45 Ormerod Lane

Devonsleigh, Richmond Hill

$599,000

Condo Townhouse |
3 | 2 | 2
About this home

$$$ Newly updated! 3 bedroomTownhouse with New smooth ceiling, new paint and new pot lights, 1,062 Sq Ft Total Finished Living Space. Beautifully Maintained 11-Year-New Urban Townhome In The Highly Sought-After Hampshire Mews Community By Heathwood Homes, Ideally Located At Yonge & Elgin Mills In The Heart Of Richmond Hill. This Rare Corner Unit Is One Of The Best In The Complex, Offering 3 Bedrooms, 2 Bathrooms, Desirable South-East Exposure, Abundant Natural Light, And A Bright, Stylish Living Space Featuring Hardwood Flooring & Stairs! A Fantastic Opportunity For Families, Professionals, Or Investors Looking For A Modern Home In A Prime Richmond Hill Location! Move-in Ready! Direct Interior Garage Access + Private Driveway (Total of 2 Parking Spaces). Abundant Surface Visitor Parking at the Front of the Complex. Low Maintenance Fees w/ only 1% increase for this year. Walk to Richmond Hill H.S. (Fraser Inst. 8.8/10, #28 in on). Mins to St. Therese of Lisieux C.h.s. (10/10, #1 in on), Corpus Christi Catholic Elem. (95% English Eqao, York Cdsb), MacKenzie Health Hosp., Viva Rapid Transit, Richmond Hill Go Station, Hwy 404 & 407, Costco, Upper Yonge Place, Groceries, Restaurants, Parks and Much More!

Extras

No extras listed.

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  • Sat, Aug 22

    2:00 PM – 4:00 PM

  • Sun, Aug 23

    2:00 PM – 4:00 PM

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Got questions?

Contact Angela directly.

agent
Angela Montano
(647) 283-2643

This seller is 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. Age11-15
Size1000-1199 sq. ft.
Maintenance Fees$419
LockerNone
BalconyTerrace
ExposureSouth
Parking TypeAttached
Parking Spaces2
Parking FeaturesSurface
Property Tax$4,317
Lot Size x
mls© NumberN13678792
Listed ByROYAL LEPAGE REAL ESTATE SERVICES SUCCESS TEAM

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%
$3,066
Property tax
$360
Heat allowance
$150
Condo fees, half counted
$210
Housing costs
$3,785 / mo

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

Down payment20% · $119,800
25-yr amortization

Income needed

$116,000

gross annual household income

Payment at 4%
$2,521 / mo
Cash down
$119,800

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

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