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Listed 20 days ago

156 Duncan Road

Langstaff, Richmond Hill

$2,699,900

Detached|2-Storey
4 | 4 | 10
About this home

Outstanding Opportunity to Invest, Develop, Live In or Derive Income From This Well Maintained House Located on an Beautiful Treed & Private 83ft x 325 ft Estate Home Lot On A Sought After Prestigious Street in the Bayview & 16th Avenue Area. Surrounded By Multi Million Dollar Homes. The Property, Previously Renovated Has an Open Concept Floor Plan With Spacious Rooms Ideal For Entertaining. High Ceilings, Hardwood Floors, Circular Open Staircase, Custom Kitchen Cabinetry. Finished Basement with Separate Entrance, Family Room, Rec Room Plus Two Bedrooms and Lots of Storage. The Driveway is Renovated and Has Space for 8 Cars. Close to Schools, Stores, Transportation, 404/407. This Property has Great Potential to Build A Huge Home or Assemble Land For Development. This Property is Being Sold Under Power of Sale, "Where Is As Is". Attach Form 801 & Use Attached Documents & Sign Schedules B, C & D WITHOUT CHANGES. Allow 48 Hours Irrevocable.

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Got questions?

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$13,266
Lot Size82.5 ft x 325 ft
mls© NumberN13565056
Listed ByGET SOLD 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%
$13,819
Property tax
$1,106
Heat allowance
$150
Housing costs
$15,075 / mo

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

Down payment20% · $539,980
25-yr amortization

Income needed

$464,000

gross annual household income

Payment at 4%
$11,362 / mo
Cash down
$539,980

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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