516 9 Northern Hts Drive, Richmond Hill

We have found 6 Condos that closely match the specifications of the property located at 516 9 Northern Hts Drive with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 539,000 and 749,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Condos in the L4B4M5 postal code area of Richmond Hill Ontario Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 516 9 Northern Hts Drive. The current price of the property is $557,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $445,600. This would result in a monthly mortgage payment of $2,605 over a 25-year amortization period.