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Listed 7 days ago

389 Kerrybrook Drive

Mill Pond, Richmond Hill

$998,000

Detached|Bungalow
3 | 2 | 4
About this home

Located In the prestigious Mill Pond Area of Richmond Hill, Brick bungalow situated on a 70 foot frontage, Steps to Scenic Mill Pond And Nearby Trails And Parks, Walking Distance To School, Library, Public Transit, Mackenzie Health Centre, Offers A rare blend Of high quality living of City And County, A preferred community for your family. California Shutters in Living & Dining Room, Newer floor & Painting in Basement. Whether you are looking to move into Mill Pond neighbourhood or seeing a perfect lot to build a custom masterpiece among the area's many new luxury homes, this property offers a premier location and a lifetime of potential. A finished basement with a separate entrance, large Great Room, above grade windows and loads of natural light, a Potential for Income . Buyer/Agent To Verify All Measurements & Taxes,. Don't miss out on this exceptional find in Mill Pond!

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Got questions?

Contact Jonathan directly.

agent
Jonathan Lee
(647) 983-0770

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$6,050
Lot Size70 ft x 105 ft
mls© NumberN14143024
Listed ByREAL ONE 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%
$5,108
Property tax
$504
Heat allowance
$150
Housing costs
$5,762 / mo

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

Down payment20% · $199,600
25-yr amortization

Income needed

$177,000

gross annual household income

Payment at 4%
$4,200 / mo
Cash down
$199,600

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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