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New1 day ago

1602 - 275 Yorkland Road

Henry Farm, Toronto

$480,000

Condo Apartment|Apartment
1 + 1 | 1 | 1 | 1
About this home

Beautiful corner unit with large windows allowing for a stunning view with a private balcony. Functional layout with a spacious bedroom, and a separate den area. Den is large enough to be used as an office. Close to HWY 404, DVP and 401, great location across from Fairview Mall and public transit. Includes 1 parking and 1 locker.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,458
mls© NumberC13687030
Listed ByREMAX YOUR COMMUNITY REALTY
CAC Included
Common Elements Included
Parking 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%
$2,457
Property tax
$205
Heat allowance
$150
Housing costs
$2,812 / mo

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

Down payment20% · $96,000
25-yr amortization

Income needed

$87,000

gross annual household income

Payment at 4%
$2,020 / mo
Cash down
$96,000

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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