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Listed 2 months ago

51 Gillings Street

Victoria Square, Markham

$2,098,000

Detached|2-Storey
4 | 4 | 5
About this home

Monarch-Built 4-Bedroom Detached Home On A Premium 45.97' x 117' Lot In Markham's Victoria Square Community. Functional Layout With 9-Ft Ceilings On The Main Floor. Separate Living And Dining Rooms, Spacious Family Room And Eat-In Kitchen With Breakfast Area Overlooking The Backyard. Skylight Above The Staircase Brings Natural Light To The Second Floor. Primary Bedroom Features A Walk-In Closet And Ensuite Bath. Three Additional Bedrooms Plus A Tech Area Suitable For Study, Work-From-Home Or Family Use. Deep Backyard With Mature Landscaping, Flower Gardens And Plenty Of Outdoor Space To Enjoy. Professionally Finished Interlocking Driveway And Double Car Garage. Conveniently Located Close To Parks, Schools, Angus Glen Community Centre, Costco, Hwy 404, Public Transit And Other Everyday Amenities.

Extras

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$8,391
Lot Size45.97 ft x 117.74 ft
mls© NumberN13468760
Listed ByFIRST CLASS REALTY 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%
$10,739
Property tax
$699
Heat allowance
$150
Housing costs
$11,588 / mo

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

Down payment20% · $419,600
25-yr amortization

Income needed

$357,000

gross annual household income

Payment at 4%
$8,829 / mo
Cash down
$419,600

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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