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Listed 10 months ago

313 Helen Avenue

Unionville, Markham

$3,750,000

Detached|Backsplit 4
3 | 2 | 6
About this home

Perfect Residential Infill Redevelopment Opportunity for Townhouse or Single Family Homes. +203 ft Frontage and backing onto municipal parkland. The property is located in the attractive South Unionville neighborhood featuring in-demand schools and abundant park spaces. Markham official plan allows for Singles, Semi-detached, Townhouse or small multi-plex built from.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBacksplit 4
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,129
Lot Size203.25 ft x 143.78 ft
mls© NumberN12448686
Listed ByCUSHMAN & WAKEFIELD

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%
$19,194
Property tax
$427
Heat allowance
$150
Housing costs
$19,772 / mo

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

Down payment20% · $750,000
25-yr amortization

Income needed

$608,000

gross annual household income

Payment at 4%
$15,781 / mo
Cash down
$750,000

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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