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Listed 2 months ago

50 Greenbank Drive

Jefferson, Richmond Hill

$1,508,000

Detached|2-Storey
4 | 3 | 6
About this home

Sutnning Detached house, approximately 2,688 sq. ft. (MPAC), recently updated corner-lot located within one of Richmond Hill's desired "Jefferson" Community. Top ranked Ontario school districts. Featuring 4 spacious bedrooms and bright and spacious layout, this home is newly updated engineered hardwood flooring throughout. Generous living spaces and a premium location. Close to parks, schools, shopping, transit, supermarket, restaurant and all essential amenities.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$6,854
Lot Size39.37 ft x 80.44 ft
mls© NumberN13439062
Listed ByBAY STREET GROUP 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%
$7,719
Property tax
$571
Heat allowance
$150
Housing costs
$8,440 / mo

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

Down payment20% · $301,600
25-yr amortization

Income needed

$260,000

gross annual household income

Payment at 4%
$6,346 / mo
Cash down
$301,600

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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