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Listed 20 days ago

204 - 23 Observatory Lane

Observatory, Richmond Hill

$949,000

Condo Townhouse |
3 | 3 | 2 | 0
About this home

Look No Further. Ideal Townhome Nestled In The Heart Of Richmond Hill.Renovated 3 Bed, 3 Bath With Ground Floor Family Room/Office Walk Out To The Garden. The Main Level With 9 Ft Ceilings Gives Airy Atmosphere. Pot Lights, Crown Molding Ceiling Throughout Living/Dining Room. Eat-In Kitchen And Large W/O Balcony Off Breakfast Area. Good Size Bedrooms.Direct Access To Garage, Well-Maintained Complex W/Low Maintenance Fees.Enjoy The Convenience Of Location With Parks, Schools, Hillcrest Shopping Across The Street, Restaurants, Public Transit, Richmond Hill Go Station, And Highways 404 And 407

Extras

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Townhouse
Style3-Storey
Approx. AgeNot available
Size1800-1999 sq. ft.
Maintenance Fees$335
LockerNone
BalconyOpen
ExposureNorth South
Parking TypeBuilt-In
Parking Spaces2
Parking FeaturesPrivate
Property Tax$4,325
mls© NumberN13569744
Listed ByRIGHT AT HOME REALTY
Common Elements Included
Building Insurance Included
Parking Included
Water 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%
$4,857
Property tax
$360
Heat allowance
$150
Condo fees, half counted
$167
Housing costs
$5,535 / mo

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

Down payment20% · $189,800
25-yr amortization

Income needed

$170,000

gross annual household income

Payment at 4%
$3,994 / mo
Cash down
$189,800

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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