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Listed 2 months ago

7 Fern Avenue

Langstaff, Richmond Hill

$2,798,000

Detached|2-Storey
5 | 6 | 9
About this home

Nestled In A Charming cul-de-sac, Within One Of Richmond Hill's Most Sought After Neighbourhoods, This Home Offers Both Comfort And A Welcoming Atmosphere, Ideally Located Near Top Schools, Parks, Shopping And Major Highways. It Provides The Ideal Backdrop For Family Life And Convenience.'The Main Floor Features A Bedroom And A Conveniently Located Same Level Full Bathroom, Offering Flexibility For Guests Or Single-Level Living. Upstairs You'l Find Four Additional Bedrooms And Three Updated Bathrooms. The Lower Level Features A Separate Three Bedroom, Two Bathroom Suite Having Private Entrance, Makes It Ideal For Multi-Generational Living Or Income Potential. Designed For Family Gatherings And Effortless Entertaining. This Home Is Ready To Create Lasting Memories.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$12,102
Lot Size59.11 ft x 118.22 ft
mls© NumberN13439706
Listed ByREMAX YOUR COMMUNITY REALTY

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%
$14,321
Property tax
$1,008
Heat allowance
$150
Housing costs
$15,480 / mo

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

Down payment20% · $559,600
25-yr amortization

Income needed

$476,000

gross annual household income

Payment at 4%
$11,774 / mo
Cash down
$559,600

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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