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Listed 2 months ago

2502 - 5 Concorde Place

Banbury-Don Mills, Toronto

$629,999

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

Welcome to Suite 2502 at 5 Concorde Place, a bright and spacious home offering the perfect blend of comfort, flexibility, and convenience. Ideal for first-time buyers, young couples, growing families, and downsizers, this thoughtfully designed 2-bedroom, 2-bathroom suite features generous principal rooms and a versatile layout that adapts to your lifestyle. The sun-filled den/solarium can easily function as a second bedroom, home office, nursery, or guest space, while the expansive living and dining areas provide plenty of room to relax or entertain. Conveniently located with quick access to the DVP, TTC, shopping, dining, parks, and trails, this home offers exceptional value in a well-established community. Tastefully updated throughout, the suite features a modern kitchen renovated in 2018 with granite countertops and pot lights, newer laminate flooring (2018), and two renovated bathrooms (2017) complete with glass-enclosed showers. The spacious primary bedroom includes his-and-hers closets and a private 3-piece ensuite. A walk-in laundry room provides ample in suite storage, and the package is completed with one parking space and one locker. Move-in ready and offering over 1,000 sq. ft. of functional living space, this is condo living without compromise.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$906
LockerOwned
BalconyNone
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,463
mls© NumberC13411866
Listed ByCENTURY 21 ATRIA REALTY INC.
CAC Included
Common Elements Included
Heat Included
Building Insurance Included
Parking Included
Water 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%
$3,225
Property tax
$205
Heat allowance
$150
Condo fees, half counted
$453
Housing costs
$4,033 / mo

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

Down payment20% · $126,000
25-yr amortization

Income needed

$124,000

gross annual household income

Payment at 4%
$2,651 / mo
Cash down
$126,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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