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New3 days ago

56A Roosevelt Drive

South Richvale, Richmond Hill

$3,988,888

Detached|2-Storey
4 | 5 | 6
About this home

This Custom-designed Residence Home Sits on a 50 x 229 Complete Landscaped Lot with Inground Pool Oasis. Offering Exceptional Space. The Home Features 4 Bedrooms & 5 Bathrooms, Approximately 6309 of Living Space which includes the basement walkout area. This exception home was built with premium materials and workman ship. This home features some many unique offerings, custom kitchen with island , built in cupboards, massive skylight on 2nd floor which ills the home with natural sunlight. Elegant staircase to upper and lower levels. Main floor office area. Large Bonus Sunroom off the kitchen which offers more complete year round living. Step outside from the Sunroom to a large upper outdoor deck which looks over the massive inground pool area. There is outdoor 2nd sauna and patio bar area with built entertainment area to watch your favorite movie or sports game. Basement is finished off with large games area, bar area, office space, work at home space, hot tub and sauna. The rear yard is a beautiful area for family gatherings. This truly is one of kind custom homes in a prestigious neighborhoods.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$14,632
Lot Size50 ft x 229 ft
mls© NumberN13784158
Listed ByREMAX YOUR COMMUNITY REALTY

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%
$20,417
Property tax
$1,219
Heat allowance
$150
Housing costs
$21,786 / mo

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

Down payment20% · $797,778
25-yr amortization

Income needed

$670,000

gross annual household income

Payment at 4%
$16,786 / mo
Cash down
$797,778

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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