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New4 days ago

Ph06 - 398 Highway 7 Road E

Doncrest, Richmond Hill

$1,250,000

Condo Apartment |
2 + 1 | 3 | 2 | 1
About this home

**Extreme Rare*** Penthouse Living In Nearly New Valleymede Condo! Over 1400 Sq Ft Enjoyable Space With Soaring 10Ft Ceiling With Sophisticated Appliances Ensuring Your Luxurious Lifestyle Meets Quality Living! Primary Room And 2nd Bedroom Are Separated Ensuring Maximum Privacy And Enjoyment! **2 Side By Side Parkings With 1 Spacious Locker Inlcuded** Steps To Local Shops, Fine Dinnings & Shopping Centre!

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size1200-1399 sq. ft.
Maintenance Fees$1,294
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces2
Parking FeaturesNone
Property Tax$4,098
mls© NumberN13681198
Listed ByBAY STREET GROUP INC.
CAC Included
Common Elements Included
Condo Taxes Included
Heat Included
Building Insurance Included
Parking 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 actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,398
Property tax
$341
Heat allowance
$150
Condo fees, half counted
$647
Housing costs
$7,537 / mo

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

Down payment20% · $250,000
25-yr amortization

Income needed

$232,000

gross annual household income

Payment at 4%
$5,260 / mo
Cash down
$250,000

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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