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New19 hours ago

5 Jordana Drive

Middlefield, Markham

$1,648,000

Detached|2-Storey
4 | 4 | 6
About this home

Spacious & Bright 4 Bedroom Detached Home In A Family Friendly Neighbourhood On A Quiet Street. This Beautiful Home is Being Offered For Sale For The First Time. Pride of Home Ownership Is Evident Throughout The Home. Functional Layout W/ Oversized Principle Rooms & 4 Season Solarium. On The 2nd Floor You'll Find 4 Spacious Bedrooms. Basement is Completely Finished With a Kitchen & Walk Up - Ready For An In-Law Suite If You Desire Or Additional Rental Income. Walking Distance To Costco, Home Depot, Canadian Tire, McDonalds, Walmart, Rona, LCBO, Restaurants, Grocery Stores and 5 Major Banks Around. Welcome Home!

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$6,373
Lot Size45.16 ft x 124.84 ft
mls© NumberN13632996
Listed ByRE/MAX EXPERTS

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%
$8,435
Property tax
$531
Heat allowance
$150
Housing costs
$9,116 / mo

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

Down payment20% · $329,600
25-yr amortization

Income needed

$281,000

gross annual household income

Payment at 4%
$6,935 / mo
Cash down
$329,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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