74 Richmond Street
Mill Pond, Richmond Hill
$999,999
This freehold property offers an incredible opportunity to create your dream home in a desirable neighborhood. Nestled on a spacious lot (50.03 Ft X 152 .74 Ft) with great potential. Close to Major Mackenzie Hospital, Mill Pond as well as Yonge St in the opposite direction. Close to all amenities as well as parks, private schools and more. Property sold AS IS, Where Is. No inside showings.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $6,263 |
| Lot Size | 50.03 ft x 152.73 ft |
| mls© Number | N13685644 |
| Listed By | HOMELIFE CLASSIC REALTY INC. |
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%
- $5,118
- Property tax
- $522
- Heat allowance
- $150
- Housing costs
- $5,790 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$178,000
gross annual household income
- Payment at 4%
- $4,208 / mo
- Cash down
- $200,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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