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New5 days ago

11 Ravenhill Crescent

Milliken Mills East, Markham

$2,498,000

Detached|2-Storey
4 | 5 | 9
About this home

Welcome to This Spacious & Beautifully Maintained Home Situated on a Premium 65 x 194 Ft Lot in a Highly Sought-After Markham Neighbourhood! Offering Over 3,200 Sq. Ft. of Living Space, This Home Features a Generous Primary Bedroom Overlooking the Beautiful Backyard, a Bright Eat-In Kitchen With Walkout to the Porch, and Professionally Landscaped Front & Rear Yards With Mature Perennial Gardens and a Water Fountain. Interlocking Driveway, 3-Car Garage and Parking for Up to 6 Vehicles. Finished Walk-Up Basement With a Large Kitchen Provides Plenty of Additional Living Space. Excellent Location Close to Pacific Mall, Schools, Parks, Supermarkets, Shopping Plazas, Library, Public Transit and Hwy 407. A Rare Opportunity Offering Exceptional Space, Convenience and a Beautiful Oversized Lot in Markham!

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$8,915
Lot Size65.91 ft x 194.49 ft
mls© NumberN13842010
Listed ByHOMELIFE LANDMARK 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%
$12,786
Property tax
$743
Heat allowance
$150
Housing costs
$13,679 / mo

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

Down payment20% · $499,600
25-yr amortization

Income needed

$421,000

gross annual household income

Payment at 4%
$10,512 / mo
Cash down
$499,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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