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New2 days ago

1403 - 5500 Yonge Street

Willowdale West, Toronto

$560,000

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

Immaculately maintained2-BR unit located in the Pulse Condo, with a completely split bedroom floorplan for optimal privacy, no carpets, all wood laminate flooring throughout. Ceramic tiles in the kitchen and bathroom. This unit is flooded with natural light from the expansive floor to ceiling windows and south east exposure. An expansive 156 sq. ft., balcony runs the length of the apartment maximizing your outdoor enjoyment in the summer. The open concept living /dining area is ideal for entertaining, and allows for maximum use of the space. The U-shaped kitchen, has lots of cabinets, a tiled backsplash, undercounter lighting and large counter top to create your gourmet meals on. The large ensuite laundry room is equipped with a full sized (not condo sized) washer and dryer, as well as storage space for laundry items. The Pulse condo is well managed by a team of professionals that have kept maintenance fees low, while offering first class building amenities, including a 24 hr concierge, fully equipped gym, virtual golf, billiards/games room, large party room, TV/Media room, guest suites and ample free visitors parking. At 5500 Yonge Street, you are 5 minutes from the Yonge -Finch TIC subway station on Line 1, close to Edithvale Park, and Hendon Park, that feature baseball diamonds, tennis courts, basketball courts and splash pads. Numerous restaurants are just outside your door, along with Shoppers Drug Mart, convenience stores and grocery stores are all nearby. This unit is being sold with 1 parking spot and 1 standard locker with a bonus of an additional larger locker, with it's own dedicated entrance, ventilation and AC outlet.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size700-799 sq. ft.
Maintenance Fees$691
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,839
mls© NumberC13682332
Listed BySUTTON GROUP-ADMIRAL REALTY INC.
Common Elements Included
Building Insurance Included
Water Included
Parking Included
CAC Included

Listing History

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

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$2,866
Property tax
$237
Heat allowance
$150
Condo fees, half counted
$346
Housing costs
$3,598 / mo

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

Down payment20% · $112,000
25-yr amortization

Income needed

$111,000

gross annual household income

Payment at 4%
$2,357 / mo
Cash down
$112,000

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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