The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
COMMENTSREMARKS FOR CLIENTS(2000 characters)Luxury Double-GarageTownhouseBacking Onto a Conservation Ravine in Prestigioug RichmondHilll Approximately2,930sg. ft. of functional living space in the highly sought-after RougeWoods community, within a top-ranking school district.This beautifully upgraded Freehold POTL Townhome has been extensively renovated with high-end, luxurious finishes throughout. The entire kitchen, bathrooms, living room, and dining room have been fully renovated using quality modern materials. The main living areas have been upgraded with hardwood flooring, while all bedroom floors have been finished with modernlaminate flooring.The home features an open-concept layout, oversized windows, smooth ceilings on the main floor, and a stunning, brand-new, upgraded kitchen with granite countertops and backsplash, opening onto a spacious dining area with a walkout to the deck overlooking the peaceful conservation ravine.The home is enhanced throughout with LED pot lights, upgraded contemporary lighting fixtures and modern chandeliers, creating a bright and elegant atmosphere. All window coverings havealso been replaced with modern blinds, adding a clean and stylish finish throughout the property. For additional comfort and security, the home is equipped with a security cameraThe upper levelfeatures 9-ft ceilings, a spacious primary bedroom with a beautifullyrenovated 5-piece ensuite, including a freestanding tub and glass shower, and the convenience of an upper-floor laundry room.The lower-level recreation room offers additional flexible living space, a walkout to the interlocked backyard, and direct access to the double garage.Conveniently located near Richmond Green Sports Center & Park, Highway 404, top-rated schools, shopping, restaurants, and everyday amenities.Maintenance Fee: Approximately $171/month.
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Estimated Rental Income
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$6,191/mo
Mortgage (principal + interest)$5,608
Property taxFrom listing: $6,999/yr$583
Minimum $124,900 down for this price; the slider moves in whole percent, starting at 9%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$299,800
Ontario land transfer taxProvincial brackets, no first-time refund$26,455
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$329,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Richmond Hill has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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