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New3 days ago

162 Laverock Avenue

Mill Pond, Richmond Hill

$1,148,800

Detached|2-Storey
3 | 4 | 5
About this home

Beautifully Updated Detached Home Nestled In A Quiet, Family-Oriented Mill Pond Neighbourhood Surrounded By Mature Trees. The Main Floor Boasts A Bright, Spacious Open-Concept Design, Creating An Elegant And Inviting Setting For Entertaining Guests And Effortlessly Hosting Family Gatherings. A Spacious Family Room Features A Walk-Out To A Large Deck, Extending The Living Space Outdoors To A Private, Fully Fenced Backyard-Perfect For Outdoor Entertaining. The Gourmet Kitchen Features High-End S/S Appliances, Stylish Backsplash And Granite Countertops. The Primary Bedroom Is Enhanced By A Built-In Closet And A 5-Pc Ensuite Featuring A Jacuzzi, While The Second Bedroom Offers A Built-In Closet And Organizer. Finished Basement Apartment With Separate Entrance And Separate Laundry Offers Excellent Flexibility For Extended Family Or Guests. Enjoy A Long Driveway With No Sidewalk In Front, Providing Ample Parking, Along With Smart Home Features Including An Integrated Security System And Cameras. Ideally Located Close To Schools, Parks, Yonge St, Shopping, Transit, Library And Mackenzie Health. A Refined Blend Of Comfort, Style And Convenience In One Of Richmond Hill's Most Sought-After Family-Friendly Communities.

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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$5,739
Lot Size50 ft x 100.48 ft
mls© NumberN13731710
Listed ByCENTURY 21 HERITAGE GROUP LTD.

Listing History

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  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,880
Property tax
$478
Heat allowance
$150
Housing costs
$6,508 / mo

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

Down payment20% · $229,760
25-yr amortization

Income needed

$200,000

gross annual household income

Payment at 4%
$4,834 / mo
Cash down
$229,760

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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