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47 Riviera Drive

Glen Shields, Vaughan

$959,900

Link|2-Storey
3 | 3 | 3
About this home

Awesome Investment Opportunity! Live In & Rent Out! Finished 2 Bedroom Basement Apartment With Separate Side Entrance, 2 Kitchens, 3Bath, Newer Roof, Newer Floors On The First Level, No Carpet. Updated Washrooms, Freshly Painted. Newer Heat Pump, Newer Furnace, Excellent Location In Glen Shields! Steps from a park and public transit, with Easy Access to York University, Shopping, Community Centers, Libraries, Sports Facilities, and Top-Rated Schools. A Must See!!! VTB available.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeLink
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,220
Lot Size24.1 ft x 152.38 ft
mls© NumberN12718930
Listed BySUTTON GROUP-ADMIRAL REALTY INC.

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%
$4,913
Property tax
$352
Heat allowance
$150
Housing costs
$5,415 / mo

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

Down payment20% · $191,980
25-yr amortization

Income needed

$167,000

gross annual household income

Payment at 4%
$4,039 / mo
Cash down
$191,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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