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Price Change$799,000

216 Vermont Avenue

Summerhill Estates, Newmarket

$925,000

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

3 Years New Luxurious Freehold Townhome Approx 1949 Sqft Above Grade + Basement. No POTL Fees. South-facing With Open Layout. 9'' Smooth Ceiling on All 3 Levels and Boosted 8'' Basement. Upgraded Engineered Hardwood Flooring and Upgraded Tile Throughout. Open Concept Kitchen, Center Island, Quartz Countertop And Backsplash. With 5 Premium SamSung Appliances. Gas Bbq Line On Main Floor Balcony. Full Size Laundry on Main Floor With Balcony. Primary Bedroom Includes 4pc Ensuite And Walk-In Closet. Upgrade EV Charger Outlet In The Garage. Conveniently access the backyard through the built-in garage, offering both ease and practicality for daily living. Located in a highly desirable community close to top-rated schools, parks, shopping Mall and transit. Minutes To St. Andrew's College And St. Anne's Private School.

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agent
Macallum Tepsich
(647) 326-2579
TypeAtt/Row/Townhouse
Style3-Storey
Approx. Age0-5
Size1500-2000 sq. ft.
Property Tax$5,278
Lot Size20.01 ft x 86.98 ft
mls© NumberN13789294
Listed ByHOMELIFE NEW WORLD 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%
$4,735
Property tax
$440
Heat allowance
$150
Housing costs
$5,324 / mo

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

Down payment20% · $185,000
25-yr amortization

Income needed

$164,000

gross annual household income

Payment at 4%
$3,893 / mo
Cash down
$185,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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