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New2 days ago

3 Norman Fleming Lane

Rural Richmond Hill, Richmond Hill

$1,080,000

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

Welcome to 3 Norman Fleming! One of the newest modern townhomes to have a highly sought after Richmond Hill address. This rear-lane townhome is located in the 3rd phase of Ivylea Towns. This home features a double-car garage with 10' ceilings on the main floor. The home comes with a PDI as well as a full Tarion warranty. Ideally located just minutes away from Hwy 404, Gormley Go Station, Costco, Home Depot, banks supermarkets and restaurants. Zoned for the top-ranking Richmond Green Secondary School. Don't miss this rare opportunity for a brand new never lived in home in a prime location. Taxes subject to re-assessment

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nest zoom realty
(416) 276-9973
TypeAtt/Row/Townhouse
Style3-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax---
Lot Size19.69 ft x 65.62 ft
mls© NumberN14113666
Listed ByRESIDENTIAL DEVELOPMENT SERVICES 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 estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,528
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$5,678 / mo

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

Down payment20% · $216,000
25-yr amortization

Income needed

$175,000

gross annual household income

Payment at 4%
$4,545 / mo
Cash down
$216,000

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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