| CAC Included | |
| Common Elements Included | |
| Condo Taxes Included | |
| Heat Included | |
| Building Insurance Included | |
| Parking Included | |
| Water Included |
Listed 13 days ago
803 - 372 Highway 7 East Road
Doncrest, Richmond Hill
$518,000
Condo Apartment |
1 + 1 | 1 | 1 | 0
About this home
Royal Gardens" In The Heart Of Richmond Hill By Liberty Development *** 640 Sq Ft + Private Balcony *** 1 Bedroom +Den , Den Can Be Used As A Second Bedroom ***Stainless Steel Appliances, B/I Microwave, Granite Counter Top . *** Laminate Flooring Throughout *** Steps To Viva, Plaza, Supermarket, Restaurants & Banks *** Minutes To Hwy 404 * 407Offer Remarks
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $470 |
| Locker | None |
| Balcony | Open |
| Exposure | South |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $2,203 |
| mls© Number | N13592434 |
| Listed By | HOMELIFE 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%
- $2,651
- Property tax
- $184
- Heat allowance
- $150
- Condo fees, half counted
- $235
- Housing costs
- $3,220 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $103,600
25-yr amortization
Income needed
$99,000
gross annual household income
- Payment at 4%
- $2,180 / mo
- Cash down
- $103,600
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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