120 Wright Street
Mill Pond, Richmond Hill
$1,770,000
Attention Builders & Investors, Live or Build your dream homes , South Facing Backyards, Located On the heart Of Mill Pond. Close to Yonge St. Library, shopping centers, A part of Main Floor, living room &dining room have been separated and converted to two separate units but can be converted to original before closing by seller.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $8,085 |
| Lot Size | 79.92 ft x 157 ft |
| mls© Number | N13473010 |
| Listed By | RIGHT AT HOME REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $9,060
- Property tax
- $674
- Heat allowance
- $150
- Housing costs
- $9,883 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$304,000
gross annual household income
- Payment at 4%
- $7,448 / mo
- Cash down
- $354,000
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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