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Listed 2 months ago

6 Penny Place

Oak Ridges, Richmond Hill

$1,498,888

Detached|2-Storey
3 | 4 | 6
About this home

Imagine waking up each morning surrounded by the tranquility of nature *yet still being within easy reach of all the amenities in the city *This extraordinary property is nestled in the heart of Richmond Hill's most desirable neighborhood and backs on East Humber River *A unique charm offers the perfect blend of environmentally protected country living and urban convenience *The interior of this distinctive family residence is a haven of warmth and charm *featuring combined dining and living rooms illuminated by south-facing pictures windows and complemented by oak hardwood flooring throughout *The family-sized breakfast area provides seamless access to a full-sized deck ideal for outdoor entertaining *while the custom-built wood-burning fireplace of this home adds a cozy touch *The staircase is a showstopper highlighted by a tall picture window perfect for enjoying sunset views. *Additional highlights of this property include a raised cedar deck offering additional space for outdoor gatherings *The detached garage provides an ample space of versatile workshop area *The main bathroom features a luxurious large Jacuzzi tub complemented by a built-in vanity with a porcelain sink and elegant Hollywood-style globe lighting *With its excellent transportation options including YRT bus service and GO stations *Award-winning community centres *excellent educational facilities *Essential Amenities-Medical Centre /Grocery Stores /Cafes & Restaurants are steps away *This family-friendly community is the perfect place to call home and enjoy the best of both worlds.

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,830
Lot Size17.53 metres x 40.92 metres
mls© NumberN13225862
Listed ByCENTURY 21 ATRIA REALTY INC.

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%
$7,672
Property tax
$486
Heat allowance
$150
Housing costs
$8,308 / mo

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

Down payment20% · $299,778
25-yr amortization

Income needed

$256,000

gross annual household income

Payment at 4%
$6,308 / mo
Cash down
$299,778

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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