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Listed 25 days ago

309 - 8763 Bayview Avenue

Doncrest, Richmond Hill

$725,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

Large 2 Bedroom 2 Bathroom Corner Unit With Tons Of Natural Light In The Beautiful Tao Boutique Condos. 1 Underground Parking Spot. Enjoy Trails Right In Your Backyard. Close To 407, Hwy7, Yonge St., Go+Viva, Entertainment, Shopping & More. Unit Is Tenanted.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$929
LockerEnsuite
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,825
mls© NumberN13549530
Listed ByHOMELIFE SUPERSTARS REAL ESTATE LIMITED
Heat Included
Water Included
Common Elements Included
Building Insurance Included

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%
$3,711
Property tax
$319
Heat allowance
$150
Condo fees, half counted
$465
Housing costs
$4,644 / mo

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

Down payment20% · $145,000
25-yr amortization

Income needed

$143,000

gross annual household income

Payment at 4%
$3,051 / mo
Cash down
$145,000

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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