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New1 hour ago

5 Ravine Edge Drive

Jefferson, Richmond Hill

$1,488,888

Detached|2-Storey
4 | 5 | 6
About this home

Welcome to One of The Most Desirable Streets in The Jefferson Forest Neighborhood. Executive Detached Home Recently Upgraded With New Flooring, Crown Mouldings, Stairs, Skylight, New Garage Doors And Freshly Painted. There are Two Gas Fireplaces, A Main Floor Office, Laundry Room With Direct Entrance to The Double Car Garage. The Open Concept Kitchen Has a Built-in Microwave and Wine Cooler and is Open To the Main Floor Family Room. This Family Friendly Open Concept Home Boasts 4 Spacious Bedrooms, The Welcoming Primary Retreat Has Double Door Entry, 2 Walk-in Closets and a 4 Piece Ensuite With Jetted Tub, The 2nd Bedroom Has A 3 Piece Ensuite and the 3rd & 4th Bedrooms Share A Semi 4 Piece Ensuite. The Professionally Finished Basement Apartment Has 2 Bedrooms, Kitchen, A 3 Piece Bathroom & Separate Entrance. The Backyard Is Maintenance Free and is Treed and Offers Excellent Privacy. This Property Is Being Sold Under Power Of Sale "As Is Where Is" "Outstanding Opportunity Not To Be Missed"

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. Age16-30
Size2500-3000 sq. ft.
Property Tax$7,951
Lot Size44.95 ft x 109.91 ft
mls© NumberN14085336
Listed ByGET SOLD 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%
$7,621
Property tax
$663
Heat allowance
$150
Housing costs
$8,433 / mo

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

Down payment20% · $297,778
25-yr amortization

Income needed

$259,000

gross annual household income

Payment at 4%
$6,265 / mo
Cash down
$297,778

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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