116 Moray Avenue
Oak Ridges Lake Wilcox, Richmond Hill
$1,409,900
Stunning 2-Storey Home on a rare oversized 75 x 150 Ft Lot with a Natural Backdrop! Located in the highly desirable Oak Ridges community, just steps to Lake Wilcox. Enjoy the feel of cottage living every day on this private, treed lot with a serene natural backdrop. Huge garage with extended driveway. Beautifully upgraded throughout with a custom kitchen featuring granite countertops, and heated travertine floors. The spacious breakfast area opens to a bright solarium. Includes hardwood floors, crown moulding, and 8.5" baseboards. Bonus Income Potential! Home is currently set up as two separate units.
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $7,743 |
| Lot Size | 75 ft x 150 ft |
| mls© Number | N13433452 |
| Listed By | Century 21 New Concept Simple 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%
- $7,217
- Property tax
- $645
- Heat allowance
- $150
- Housing costs
- $8,012 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$247,000
gross annual household income
- Payment at 4%
- $5,933 / mo
- Cash down
- $281,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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