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Listed 3 months ago

7 Love Run Road

Vellore Village, Vaughan

$1,188,888

Semi-Detached |2-Storey
3 | 4 | 3
About this home

REMARKS FOR CLIENTS 2000 characters)High Demand Area, Two Storey, Three Bedrooms, 4 Washrooms, Semi Detached House With Finished Basement in the most desirable Vellore Village community. Key Features of the Home include: New Furnace (2018), New AC (2019), pot lights, Spacious Layout: Open-concept design filled with natural light. kitchen flows effortlessly to a walk-out to a generous backyard, perfect for summer BBQs. Excellent location just steps from Hwy 400/407, Vaughan Hospital, public transit, including the subway station, restaurants, parks, top-rated schools, a community centre, and major attractions like Vaughan Mills and Wonderland.

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agent
Jonathan Lee
(647) 983-0770
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,352
Lot Size31.14 ft x 113.17 ft
mls© NumberN13152712
Listed ByINTERCITY 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%
$6,085
Property tax
$363
Heat allowance
$150
Housing costs
$6,598 / mo

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

Down payment20% · $237,778
25-yr amortization

Income needed

$203,000

gross annual household income

Payment at 4%
$5,003 / mo
Cash down
$237,778

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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