16 Fairview Avenue
South Richvale, Richmond Hill
$3,990,000
True Gem In The Most Sought-After Area Of Richmond Hill. Luxury Finishes,Magnificently Sized Rooms,High Ceilings,Decorative Mouldings,Marble & Hardwood Flrs,And Large Windows. Outstanding Millwork Throughout. Chef-Inspired Gourmet Kit. W/Bfast Area & W/O To Custom Deck. Stone & Stucco Exterior With Circular Driveway For 6+ Cars, 3 Car Garage.
No extras listed.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 5000 + sq. ft. |
| Property Tax | $20,000 |
| Lot Size | 85 ft x 145.4 ft |
| mls© Number | N13739198 |
| Listed By | RIGHT AT HOME 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%
- $20,423
- Property tax
- $1,667
- Heat allowance
- $150
- Housing costs
- $22,239 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$684,000
gross annual household income
- Payment at 4%
- $16,791 / mo
- Cash down
- $798,000
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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