New2 days ago
68 Maffey Crescent
Westbrook, Richmond Hill
$1,050,000
Freehold Townhouse|2-Storey
3 | 3 | 3
About this home
Large townhouse in sought after community. One of the largest on the street. Second floor Family Room can be used as a work-from-home office, or converted to 4th bedroom. New granite countertop. New lawn at back yard. Very practical layout.
Extras
No extras listed.
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| Type | Att/Row/Townhouse |
| Style | 2-Storey |
| Approx. Age | 16-30 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $4,743 |
| Lot Size | 19.69 ft x 98.43 ft |
| mls© Number | N13685954 |
| Listed By | REAL ONE 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%
- $5,374
- Property tax
- $395
- Heat allowance
- $150
- Housing costs
- $5,920 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $210,000
25-yr amortization
Income needed
$182,000
gross annual household income
- Payment at 4%
- $4,419 / mo
- Cash down
- $210,000
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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