| Common Elements Included | |
| Building Insurance Included | |
| Parking Included |






















































16 - 7 Phelps Lane
Oak Ridges, Richmond Hill
$719,900
The Perfect End Unit Townhome In Richmond Hill Backing Onto Ravine 3 Years New* Soaring 9 Ft Ceilings On Main & Second Floor* Smooth Ceilings Throughout* All New Flooring Throughout* Pot lights* All New Light Fixtures Throughout* All Spacious Bedrooms* Primary Bedroom W/ Breathtaking Views Of Ravine Including 4 Pc Ensuite & Ample Closet Space* Second Floor Laundry* Open Concept Living & Dining* Floor To Ceiling Windows* Kitchen Featuring Large Centre Island* Granite Counters* All Stainless Steel Appliances* Tons Of Cabinet Space* Breakfast Area W/ Beautiful Walk Out To Your Own Private Terrace* Enjoy Morning Coffee W/ Breathtaking Views Of Green-space Massive Rooftop Terrace W/ Gas BBQ Hook Up* The Property is located near Top-Ranked Schools, Parks,R estaurants, and Public Transport
No extras listed.
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| Type | Condo Townhouse |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1200-1399 sq. ft. |
| Maintenance Fees | $274 |
| Locker | Ensuite |
| Balcony | Terrace |
| Exposure | South |
| Parking Type | Built-In |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $4,621 |
| mls© Number | N13500578 |
| Listed By | HOMELIFE EAGLE 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%
- $3,685
- Property tax
- $385
- Heat allowance
- $150
- Condo fees, half counted
- $137
- Housing costs
- $4,357 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$134,000
gross annual household income
- Payment at 4%
- $3,029 / mo
- Cash down
- $143,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
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