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New2 days ago

217 - 370 Highway 7 N/A E

Doncrest, Richmond Hill

$510,000

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

Location! Location! Newly Renovated Functional 650 Sqft Layout 1 Bedroom + Den In Sought-After Area. Den Can Be Used As A Second Bedroom Or Office. Freshly Painted (2023), New Kitchen Cabinet (2023), New Stainless Steel Appliances(2023), New Granite Counter Top (2023), New Vanity/Sink And Wall Cabinet In Washroom(2023), And Easy To Maintain New Laminate Flooring Throughout (2023). Good Sized Bedroom With Walk-In Closet. Double Mirrored Closet At Foyer. One Parking And One Locker Included. All Essential Amenities Included: Concierge, Exercise Room, Party/Meeting Room, Rooftop Deck/Garden, Sauna, Visitor Parking. Amazing School Zone and Incredibly Convenient Location Steps To Viva, Plazas, Supermarkets, Restaurants and Banks. Minutes To GO Bus/Train and Highway 404/407. Great For Self-Use And Investment.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age6-10
Size600-699 sq. ft.
Maintenance Fees$622
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,326
mls© NumberN13686508
Listed ByAIMHOME REALTY INC.
Heat Included
Water Included
Common Elements 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%
$2,610
Property tax
$194
Heat allowance
$150
Condo fees, half counted
$311
Housing costs
$3,265 / mo

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

Down payment20% · $102,000
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$2,146 / mo
Cash down
$102,000

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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