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Price Change$950,000

408 - 8 Covington Road N

Englemount-Lawrence, Toronto

$899,000

Condo Apartment |
2 | 3 | 1 | 1
About this home

RARELY OFFERED! One of the largest layouts in the building! Beautifully renovated contractor's own home featuring high-end finishes and high-quality motorized blinds, and each is double for blackout custom blinds. Enjoy an open-concept kitchen, full laundry room, 2.5 bathrooms, and approximately 1,360 sq. ft. of living space. Hardwood flooring throughout the entire apartment, with a walk-out to a beautiful balcony. The primary bedroom offers a generous walk-in closet and a private ensuite bathroom. The second bedroom is spacious and bright, complemented by a full family bathroom and a convenient guest powder room. Includes 1 parking space and 2 lockers. Ideally located within walking distance to shops, the library, public transit, and parks.

Extras

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Got questions?

Contact Angela directly.

agent
Angela Montano
(647) 283-2643

This seller is likely holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$1,136
LockerOwned
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,725
mls© NumberC13245360
Listed BySOLID ROCK REALTY
Water Included
Cable TV Included
Common Elements Included
Building Insurance Included

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%
$4,601
Property tax
$310
Heat allowance
$150
Condo fees, half counted
$568
Housing costs
$5,630 / mo

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

Down payment20% · $179,800
25-yr amortization

Income needed

$173,000

gross annual household income

Payment at 4%
$3,783 / mo
Cash down
$179,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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