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Listed 29 days ago

25 Lord Nelson Court

Rouge Woods, Richmond Hill

$1,998,000

Detached|2-Storey
5 | 4 | 6
About this home

Impeccable Stone-Front Home in Prestigious Rough Woods!Quiet, child-safe cul-de-sac just steps to ravine. Over 3,000 sq ft with 5 bedrooms, 3 full baths on 2nd floor. 9 ft ceilings, hardwood throughout main floor, skylight, elegant circular staircase, and crystal chandelier in foyer. Bright open kitchen with granite counters and large island. Fully fenced backyard with professional landscaping.Top School Zone: Bayview S.S. & Richmond Rose P.S. Close to parks, highways, and amenities.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$8,361
Lot Size39.53 ft x 128.36 ft
mls© NumberN13530934
Listed ByHOMELIFE LANDMARK REALTY INC.

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%
$10,227
Property tax
$697
Heat allowance
$150
Housing costs
$11,073 / mo

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

Down payment20% · $399,600
25-yr amortization

Income needed

$341,000

gross annual household income

Payment at 4%
$8,408 / mo
Cash down
$399,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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