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New5 days ago

1502 - 398 Highway 7 N/A E

Doncrest, Richmond Hill

$580,000

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

Luxury Valleymede Condos, Two Bedroom + Den, Open Concept, Hardwood Flooring throughout. Amenities include: Gym, Party Room, (24) Hr. Concierge, Steps to Viva, Close to Hwy 404 and Hwy 407

Extras

No extras listed.

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$858
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,109
mls© NumberN13787346
Listed ByBRIDLEPATH PROGRESSIVE REAL ESTATE INC.
Heat Included
CAC Included
Common Elements Included
Building Insurance Included
Parking 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%
$2,969
Property tax
$259
Heat allowance
$150
Condo fees, half counted
$429
Housing costs
$3,807 / mo

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

Down payment20% · $116,000
25-yr amortization

Income needed

$117,000

gross annual household income

Payment at 4%
$2,441 / mo
Cash down
$116,000

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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