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New1 day ago

8 Ridgevale Drive

Box Grove, Markham

$2,999,900

Detached|Bungalow
3 | 4 | 12
About this home

Welcome to 8 Ridgevale Dr, Markham! A rare opportunity to own an exceptional 1+ acre property in the prestigious Box Grove community, backing onto the scenic Rouge River and surrounded by impressive multi-million-dollar estates.This spacious home features a stunning upgraded kitchen with a large quartz island and countertops, built-in KitchenAid gourmet appliances, Electrolux side-by-side refrigerator/freezer, warming drawer, built-in wine/drink cooler, and Faber range hood.Enjoy a wonderful combination of privacy, comfort, and outdoor living with a hot tub, inground pool, and security & surveillance system. With 3+2 bedrooms and 12 parking spaces, this property offers exceptional space and flexibility for families and future plans.Whether you choose to move in, renovate, or build your dream estate, this is a truly unique opportunity in one of Markham's desirable communities.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. Age51-99
Size2000-2500 sq. ft.
Property Tax$10,791
Lot Size135 ft x 342.69 ft
mls© NumberN13858940
Listed ByROYAL LEPAGE IGNITE REALTY

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%
$15,355
Property tax
$899
Heat allowance
$150
Housing costs
$16,404 / mo

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

Down payment20% · $599,980
25-yr amortization

Income needed

$505,000

gross annual household income

Payment at 4%
$12,624 / mo
Cash down
$599,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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