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Listed 9 days ago

7 Artech Court

Black Creek, Toronto

$800,000

Detached|Backsplit 3
5 | 3 | 6
About this home

Welcome to 7 Artech Crt! This detached 3-level backsplit offers an excellent opportunity for first-time homebuyers, investors, or extended families. Featuring 5+2 bedrooms and a functional layout with plenty of space for comfortable living and rental potential. Great location close to Highway 400, Yorkgate Shopping Centre, supermarkets, schools, public transit and everyday amenities. Situated on a quiet court in a convenient Toronto location. Live in and generate rental income, or add value with your own personal touches. A fantastic opportunity with excellent potential!!! Public Open House on Saturday & Sunday Oct. 17th & 18th from 2:00pm to 4:00pm

Extras

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agent
Ephy Bookbinder
(416) 838-4804
TypeDetached
StyleBacksplit 3
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$3,706
Lot Size53 ft x 115 ft
mls© NumberW14029968
Listed ByRE/MAX PREMIER INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,095
Property tax
$309
Heat allowance
$150
Housing costs
$4,554 / mo

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

Down payment20% · $160,000
25-yr amortization

Income needed

$140,000

gross annual household income

Payment at 4%
$3,367 / mo
Cash down
$160,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Values and trends

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