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Oak Ridges Lake Wilcox, Richmond Hill
$999,900
Attention Attention, Attention. Builders, Investors, Perfect Builders Lot 50'X150' Surrounded By Multi Million Dollar Houses. Walking Distance To Wilcox Lake, Community Centre And Nature Galore. Perfect Rectangular Lot, All Amenities Close By. New Structure Allowed Max Height Of 11 Meters As Per City. Drawings and Permit is ready to go! Current monthly lease income 2700. Vacant possession is possible.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,518 |
| Lot Size | 50 ft x 150 ft |
| mls© Number | N13560662 |
| Listed By | HOMELIFE LANDMARK 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%
- $5,118
- Property tax
- $377
- Heat allowance
- $150
- Housing costs
- $5,644 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$174,000
gross annual household income
- Payment at 4%
- $4,208 / mo
- Cash down
- $199,980
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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Comparable sales
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