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New4 days ago

131 Castle Rock Drive

North Richvale, Richmond Hill

$1,099,000

Detached|2-Storey
3 | 3 | 4.5
About this home

Welcome to this bright, spacious and meticulously maintained two-storey detached home in the highly sought-after North Richvale community of Richmond Hill. Offering 3+1 bedrooms and 3 bathrooms, this inviting home is surprisingly spacious inside and a must-see! A standout feature is the finished basement with its own separate entrance and additional bedroom, offering excellent potential for an in-law suite, extended family living or future income-generating space to help offset mortgage costs. The functional kitchen opens to the dining area, creating an inviting space for family living and entertaining. Enjoy a beautiful backyard with deck, mature landscaping and cherry tree. Ideally located minutes from Yonge Street, Hillcrest Mall, Hwy 7, Hwy 407, transit, parks, restaurants and community facilities. Close to excellent schools and sought-after programs, including Alexander Mackenzie High School's Arts & IB Programs and Langstaff Secondary School's French Immersion Program. A wonderful opportunity in a quiet, family-friendly neighbourhood!

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,009
Lot Size27.1 ft x 108.8 ft
mls© NumberN13778488
Listed ByRIGHT AT HOME REALTY

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%
$5,625
Property tax
$417
Heat allowance
$150
Housing costs
$6,193 / mo

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

Down payment20% · $219,800
25-yr amortization

Income needed

$191,000

gross annual household income

Payment at 4%
$4,625 / mo
Cash down
$219,800

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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