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New8 hours ago

83 Sprucewood Drive

Thornhill, Markham

$1,799,000

Detached|Bungalow
4 | 2 | 8
About this home

Attention: Much Below Current Assessed Value. Investor or Builder!!! Best Value in Thornhill. Rare Opportunity to builder On 2.54 Aces Lot, Build your own dreams house with maximum over 10,000 SF or smaller size fir your need, Surrounded By Don Valley Parks And East Don River, End Lot In The Quite And Luxury Community. One Of The Largest Lots In Thornhill, You Don't Want To Miss The Magnificent Forested Lots. Extras: Minutes To Yonge /Bayview, 407/404,Top-Rated Schools, Fine Restaurants, Upscale Shops, And Premium Golf And Tennis Clubs, Parks. Walking Distance to Future Subway at Yonge/Clark Station. (SALE AS IS CONDITION)

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nest zoom realty
(416) 276-9973
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$16,295
Lot Size106 ft x 500 ft
mls© NumberN14163562
Listed ByGOLDEN TEAM REALTY INC.

Listing History

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  • 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%
$9,208
Property tax
$1,358
Heat allowance
$150
Housing costs
$10,716 / mo

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

Down payment20% · $359,800
25-yr amortization

Income needed

$330,000

gross annual household income

Payment at 4%
$7,570 / mo
Cash down
$359,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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