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New9 hours ago

59 Mayvern Crescent

North Richvale, Richmond Hill

$1,200,000

Detached|Sidesplit 3
3 | 2 | 6
About this home

Welcome to 59 Mayvern Crescent, a detached 3-bedroom home on a large 63 ft x 125 ft corner lot in North Richvale. Featuring great curb appeal and a 2-car attached garage, it includes a rare, fully enclosed entrance from the garage into the home via a family room addition.The home offers approximately 2200 sq. ft as per Iguide of finished living space across three levels: - Main Level: Ground-level living space featuring a new kitchen with solid-surface countertops, a mudroom off the kitchen, and a family room addition with direct access to the garage. Upper Level features 3 good sized bedrooms and 4 pc bath - Lower Level: A finished rec room and a 3-piece bathroom. - Additional Space: A crawl space providing extra storage. Key features and updates include mostly new windows, a newer furnace, and 100-amp service. Outside, you can enjoy a private back patio and extra space on the side lot.The property is ideally located close to pickleball courts and within a great school district.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleSidesplit 3
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$6,875
Lot Size63.79 ft x 125.32 ft
mls© NumberN14122610
Listed ByRE/MAX HALLMARK REALTY LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,142
Property tax
$573
Heat allowance
$150
Housing costs
$6,865 / mo

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

Down payment20% · $240,000
25-yr amortization

Income needed

$211,000

gross annual household income

Payment at 4%
$5,050 / mo
Cash down
$240,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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