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New21 hours ago

50 Garden Avenue

South Richvale, Richmond Hill

$3,399,000

Detached|2-Storey
5 | 5 | 14
About this home

Surrounded by Multi Million Dollar Homes this Property is in the Prestigious South Richvale Community of Richmond Hill. This Large Home is Extremely Well Built ("solid bones") Home and Sits on a 73 ft. x 294 ft. Lot Backing on to a Park and Fully Fenced. Beautiful Layout With a Great Flow and Includes Spacious Rooms Throughout. Five Large Bedrooms rooms. Huge Kitchen to Entertain with a Walkout to a Grand Heated Solarium Overlooking the Backyard Across the Back of the Home. Basement has a Separate Entrance to Garage and Backyard. Includes a Large Recreation Room, Exercise Room and Sauna. Large Windows Bringing in Plenty of Natural Light. Close to all Transit Including Proximity to Hwy 407. Located Just Steps From Mall, Boutique Shops, Top Ranked Schools, Public Library, Private Clubs and Golf Courses.

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nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. AgeNot available
Size5000 + sq. ft.
Property Tax$17,247
Lot Size73.02 ft x 293.77 ft
mls© NumberN13848466
Listed ByNORDALE REALTY & ASSOCIATES INC.

Listing History

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

Schools

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What the bank counts

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

Mortgage, tested at 6%
$17,398
Property tax
$1,437
Heat allowance
$150
Housing costs
$18,985 / mo

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

Down payment20% · $679,800
25-yr amortization

Income needed

$584,000

gross annual household income

Payment at 4%
$14,304 / mo
Cash down
$679,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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