16 Thomas Reid Road
Victoria Square, Markham
$2,690,000
Beautifully Renovated And Expanded Family Home On A Quiet, Highly Desirable Street. Meticulously Maintained And Thoughtfully Updated Throughout, This Move-In Ready Residence Offers Spacious Principal Rooms, A Functional Layout, And Quality Finishes Designed For Modern Living. The Professionally Added Extension Provides Generous Living Space Filled With Natural Light, While The Finished Lower Level Offers Additional Space For Work, Recreation, Or Entertainment. Enjoy A Private Backyard Featuring A Saltwater Pool, Cabana, And Mature Landscaping-Perfect For Family Enjoyment And Entertaining. Ideally Located Near Top-Rated Schools, Parks, Shopping, Transit, And Major Highways. A Rare Opportunity To Own A Turnkey Home In One Of The Area's Most Sought-After Neighbourhoods.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $13,769 |
| Lot Size | 105.48 ft x 285.19 ft |
| mls© Number | N13429382 |
| Listed By | ELITE CAPITAL REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $13,769
- Property tax
- $1,147
- Heat allowance
- $150
- Housing costs
- $15,066 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$464,000
gross annual household income
- Payment at 4%
- $11,320 / mo
- Cash down
- $538,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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