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Listed 4 months ago

16 Lucy Pick Avenue

Rural Markham, Markham

$1,668,990

Detached|2-Storey
4 | 3 | 2
About this home

** Eligible for HST Rebate ** Brand New Luxurious Detached Home in High Demand Markham Location - " Victoria Grand ". 2283 S.F. + Unfin. Bsmt. Brick & Stone Exterior, 8' Double Front Door Entry. Bright & Spacious w/ Open Concept Layout. Smooth Ceiling On All 3 Levels. 10' Ceiling & 8' Doors on Main, 9' Ceiling On the 2nd Floor & Bsmt. Colour Selection and upgrades can still be completed through builder. Close to Angus Glen Golf, Community Centre & Shopping Plaza. Mins to Supermarket & Hwy404... Property Tax is not fully assessed yet.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNew
Size2000-2500 sq. ft.
Property Tax---
Lot Size30 ft x 90 ft
mls© NumberN13015502
Listed ByHOMELIFE LANDMARK RH REALTY

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%
$8,543
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$8,693 / mo

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

Down payment20% · $333,798
25-yr amortization

Income needed

$267,000

gross annual household income

Payment at 4%
$7,023 / mo
Cash down
$333,798

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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