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Listed 20 days ago

212 Vermont Avenue

Summerhill Estates, Newmarket

$988,000

Freehold Townhouse|3-Storey
3 | 4 | 3
About this home

Welcome to this stunning 3-YEAR-NEW END-UNIT FREEHOLD townhome in the sought-after Shining Hill community by CountryWide Homes - NO POTL FEE! Offering approx. 2,414 sq. ft. above grade plus basement, featuring 9-ft smooth ceilings on all 3 above-grade levels and an 8-ft basement ceiling. Bright open-concept layout with quartz countertops, breakfast area, engineered hardwood floors, pot lights and fireplace. THREE BALCONIES + DECK offer exceptional outdoor living space. Ground-level family room with walk-out to the deck and backyard can easily serve as an optional 4th bedroom, complete with a 2-pc washroom. Garage offers direct access to the backyard. Close to transit, nature trails, schools, shops and everyday amenities. Minutes to Upper Canada Mall, Costco, St. Andrew's College and St. Anne's School. Shows to perfection!

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agent
Macallum Tepsich
(647) 326-2579
TypeAtt/Row/Townhouse
Style3-Storey
Approx. Age0-5
Size2000-2500 sq. ft.
Property Tax$5,882
Lot Size25.09 ft x 87.03 ft
mls© NumberN13789252
Listed ByRE/MAX IMPERIAL REALTY INC.

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

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

Mortgage, tested at 6%
$5,057
Property tax
$490
Heat allowance
$150
Housing costs
$5,697 / mo

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

Down payment20% · $197,600
25-yr amortization

Income needed

$175,000

gross annual household income

Payment at 4%
$4,158 / mo
Cash down
$197,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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