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New6 days ago

1403 - 8111 Yonge Street

Royal Orchard, Markham

$599,000

Condo Apartment |
3 | 2 | 1 | 1
About this home

Welcome To The Prestigious "Gazebo " In Thornhill. Rarely Available "Bayberry" Model With South West Views. Walk - Out From Living Room And Primary Bedroom To Large Wrap Around Balcony. Approx. 1228 Sq Ft And 460 Sq Ft Balcony. Large Ensuite Utility Room 1.70 M X1.39 M, Plus Bsmt Locker. Library.Woodworking Shop. All Inclusive Maintenance. Short Walk To Yonge Street And Shopping And Excellent Schools. Indoor Pool And Excellent Recreational Facilities, Tennis Courts, Squash Court, Sauna, Gym, Car Wash. Walk To Thornhill Country Club & Toronto Ladies Golf Club. Minutes To Hwy 7/407 And Finch Subway Station. Additional Underground Parking Available.

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. Age31-50
Size1200-1399 sq. ft.
Maintenance Fees$1,273
LockerEnsuite+Exclusive
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,854
mls© NumberN13616920
Listed ByREALTY EXECUTIVES GROUP LTD.
Cable TV Included
CAC Included
Common Elements Included
Heat Included
Hydro 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%
$3,066
Property tax
$238
Heat allowance
$150
Condo fees, half counted
$636
Housing costs
$4,090 / mo

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

Down payment20% · $119,800
25-yr amortization

Income needed

$126,000

gross annual household income

Payment at 4%
$2,521 / mo
Cash down
$119,800

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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