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New2 days ago

36 FERGUS Avenue N

Oak Ridges Lake Wilcox, Richmond Hill

$1,498,000

Detached|Bungalow
2 | 2 | 5
About this home

Rare Opportunity In The Highly Sought-After Lake Wilcox Community! This Impressive 50 X 150 Ft Property Has Been Severed Into Two 25 X 150 Ft Lots, Offering The Potential To Build Approximately 2,300 Sq. Ft. On Each Lot. An Exceptional Opportunity For Builders, Investors Or Buyers Looking To Create Two Custom Homes In One Of Richmond Hill's Most Desirable Communities.Welcome To 36 Fergus Avenue, A Charming Detached Bungalow Situated On A Quiet, Family-Friendly Street Just Minutes From Beautiful Lake Wilcox. The Existing Home Features 2 Bedrooms And 2 Bathrooms With A Bright And Functional Layout, Spacious Living Area, Combined Kitchen And Dining Space, And A Walkout To A Large Private Backyard Surrounded By Mature Trees.Enjoy An Outstanding Family-Oriented Lifestyle With The Impressive Oak Ridges Community Centre Nearby, Offering Excellent Recreational Facilities And Programs. Only Minutes To Yonge Street For Shopping, Restaurants, Transit And Everyday Conveniences. Lake Wilcox Park Is Also Just Minutes Away, Featuring Tennis And Basketball Courts, Walking Trails By The Lake, Playground Areas And Plenty Of Fun Activities For The Entire Family.A Truly Unique Combination Of Development Potential, Location And Lifestyle In The Heart Of The Lake Wilcox Community!

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,462
Lot Size50 ft x 150 ft
mls© NumberN13857618
Listed ByRE/MAX HALLMARK REALTY LTD.

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%
$7,667
Property tax
$372
Heat allowance
$150
Housing costs
$8,189 / mo

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

Down payment20% · $299,600
25-yr amortization

Income needed

$252,000

gross annual household income

Payment at 4%
$6,304 / mo
Cash down
$299,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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