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Listed 2 months ago

4 BACKHOUSE Drive

Rural Richmond Hill, Richmond Hill

$2,144,990

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

WELCOME TO A BRAND-NEW 3500 SQ.FT. BEAUTY FROM REGAL CREST HOMES. FEATURES 5 BEDROOMS AND 6 ENSUITES. ( IN-LAW SUITE FEATURE MAIN FLOOR ) COMPLETED & MOVE-IN, CARPET-FREE HOME AND OVER 80K IN UPGRADES INSTALLED. 200 AMP, GAS LINEAR F.P., EXTENDED KIT. UPPERS, UPPER FLOOR LAUNDRY, NO SIDEWALK SO 2 CAR GARAGE AND 4 OUTSIDE PARKING AVAILABLE, QUIET NEAR OAKRIDGE MORAINE. YOU MUST BOOK A VIEWING TO SEE THE LUXURY AND FINISH OF THIS BEAUTY.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNew
Size3500-5000 sq. ft.
Property Tax---
Lot Size45 ft x 89 ft
mls© NumberN13236764
Listed ByROYAL LEPAGE ELITE 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 estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$10,979
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$11,129 / mo

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

Down payment20% · $428,998
25-yr amortization

Income needed

$342,000

gross annual household income

Payment at 4%
$9,026 / mo
Cash down
$428,998

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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