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Listed 10 days ago

17 Rothbury Road

Westbrook, Richmond Hill

$6,888,000

Detached|2-Storey
5 | 3 | 13
About this home

An Exceptional Opportunity To Acquire A 1.59-Acre Property In A Prestigious Richmond Hill Neighbourhood, Offering Exciting Potential For Future Redevelopment. Featuring An Existing Five-Bedroom Home, This Expansive Parcel Presents An Opportunity For Builders, Developers, And Investors To Explore The Possibilities Of Detached Homes, Townhomes, Or Other Residential Development, Subject To Municipal Approvals, Zoning, And Applicable Planning Requirements. Ideally Situated Near Yonge Street, Shopping, Restaurants, And Everyday Amenities, The Property Also Enjoys Convenient Access To Golf Courses, Community Parks, Scenic Trails, Recreation Facilities, And Well-Regarded Schools, Including Trillium Woods Public School, Richmond Hill High School, And St. Theresa Of Lisieux Catholic High School.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. Age31-50
Size3500-5000 sq. ft.
Property Tax$17,961
Lot Size220 ft x 315 ft
mls© NumberN14135498
Listed ByREMAX YOUR COMMUNITY REALTY

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%
$35,256
Property tax
$1,497
Heat allowance
$150
Housing costs
$36,903 / mo

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

Down payment20% · $1,377,600
25-yr amortization

Income needed

$1,135,000

gross annual household income

Payment at 4%
$28,986 / mo
Cash down
$1,377,600

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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