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Listed 2 months ago

35 Mackay Drive

South Richvale, Richmond Hill

$2,399,999

Detached|2-Storey
4 | 4 | 6
About this home

Professionally Renovated and Modernized Home Inside And Out (2023). New New New (Kitchen, Stairs, Appliances, Doors and Trim, Flooring, Lighting, Laundry, Patio Door,). All Windows have been updated. A/C replaced May 2024. New Stone Driveway, Walkway & Outdoor Patio. New Front Railways & Hand Cut Stone In Front Porch. Water Waterproofing (2024) & New Front Awning (2022). Desirable South Richvale with multi-million dollar homes. Close proximity to top rated schools, library, hospital, parks, Highway 407 and Yonge Street shopping. Future Yonge Subway Extension.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$9,883
Lot Size50 ft x 150 ft
mls© NumberN13420036
Listed ByCENTRAL COMMERCIAL

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%
$12,284
Property tax
$824
Heat allowance
$150
Housing costs
$13,258 / mo

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

Down payment20% · $480,000
25-yr amortization

Income needed

$408,000

gross annual household income

Payment at 4%
$10,100 / mo
Cash down
$480,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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