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Listed 2 months ago

138 Mumbai Drive

Middlefield, Markham

$909,990

Freehold Townhouse|2-Storey
3 | 3 | 2
About this home

NEW BUILD + CHOOSE YOUR OWN FINISHES + FINISHED BASEMENT INCLUDED. Built by Remington Homes, this freehold townhome gives its new owner the opportunity to make the interior their own before the builder completes construction. The exterior is complete, while the interior finishing stage has intentionally been held for the buyer to select flooring, cabinetry, countertops, tile and available upgrades directly with the builder. The builder then takes care of completing the home. You get the benefit of choosing what you actually want without taking on a renovation after closing. Featuring 9-ft ceilings on the main and second floors, a spacious kitchen with island, backyard, primary ensuite with freestanding soaker tub and a FINISHED BASEMENT included. HST REBATE OPPORTUNITY: $909,990 is the purchase price BEFORE the potential rebate. Eligible buyers may qualify to receive $100,000+ BACK AFTER CLOSING through the enhanced new home HST rebate. Eligibility, amount and timing to be confirmed with buyer's lawyer. IMPORTANT: Interior showings are not available at this stage because the home is awaiting its new owner's finish selections before completion. Buyers are welcome to visit, view the completed exterior and look inside from permitted exterior areas. No entry into the home or construction area without builder authorization. Located beside Aaniin Community Centre with parks, schools, recreation, trails, transit and major highways nearby. Anticipated completion: approximately January 2027

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeAtt/Row/Townhouse
Style2-Storey
Approx. AgeNew
Size1100-1500 sq. ft.
Property Tax---
Lot Size20 ft x 100 ft
mls© NumberN13521222
Listed ByENGEL & VOLKERS TORONTO CITY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

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

Mortgage, tested at 6%
$4,658
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$4,808 / mo

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

Down payment20% · $181,998
25-yr amortization

Income needed

$148,000

gross annual household income

Payment at 4%
$3,829 / mo
Cash down
$181,998

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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