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Listed 9 days ago

66 Roxborough Road

Gorham-College Manor, Newmarket

$2,798,888

Detached|1 1/2 Storey
3 | 1 | 3
About this home

Owner is changing the original plan to the new plan for One single on Roxborough Rd. and 7 townhouses along the Queen st. E. No maintenance to pay. City's maintenances service like garbage pickup and snow removal. Free hold project with hundreds thousands dollar of saving for builder to build. No internal road to give up the land for, or costs to build the common road. There are around 50 different studies and plans are available for potential buyer to review with conditional offers. There are also available on town of Newmarket website / Current applications/ 6 Roxborough Rd.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size< 700 sq. ft.
Property Tax$4,963
Lot Size113.5 ft x 215 ft
mls© NumberN13830132
Listed ByHOMELIFE/BAYVIEW 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%
$14,326
Property tax
$414
Heat allowance
$150
Housing costs
$14,890 / mo

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

Down payment20% · $559,778
25-yr amortization

Income needed

$458,000

gross annual household income

Payment at 4%
$11,778 / mo
Cash down
$559,778

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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