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New3 days ago

553 Carrville Road

South Richvale, Richmond Hill

$1,098,000

Freehold Townhouse|3-Storey
3 | 3 | 3
About this home

Sophisticated "Richvale" freehold townhome in Richmond Hill's prestigious South Richvale community. This newer 1,561 sq. ft. luxury residence features a bright and spacious open-concept layout, hardwood flooring throughout the main and upper levels, and an oak staircase with metal pickets. The gourmet kitchen offers granite countertops, a centre island, and newly installed pot lights. The primary bedroom is enhanced by an elegant coffered ceiling. Freshly painted throughout and complete with a rare double-car garage and interlocking-stone driveway. Conveniently located near shopping, public transit, GO Transit, top-rated schools, and Highway 407. A warm and inviting home ready for your clients to enjoy!

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agent
Milad Momtaz Azad
(647) 510-8858
TypeAtt/Row/Townhouse
Style3-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,290
Lot Size19.05 ft x 67.43 ft
mls© NumberN13629896
Listed ByBOXIN 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%
$5,620
Property tax
$441
Heat allowance
$150
Housing costs
$6,211 / mo

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

Down payment20% · $219,600
25-yr amortization

Income needed

$191,000

gross annual household income

Payment at 4%
$4,621 / mo
Cash down
$219,600

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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