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New3 hours ago

406 - 356 Mcrae Drive

Leaside, Toronto

$489,000

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

Discover An Exceptionally Spacious 1-Bedroom Condo In The Heart Of Prestigious Leaside - Condos Of This Size Simply Aren't Built Anymore. This Bright, South-Facing, Well-Designed Suite Sits Within A Warm, Community-Oriented Building Known For Its Friendly Atmosphere And Long-Term Residents. Enjoy The Convenience Of Truly All-Inclusive Maintenance Fees Covering Heat, Hydro, Water And A/C - Making Monthly Costs Simple And Predictable. Step Outside To A Private Balcony Overlooking The Quiet Courtyard, Perfect For Morning Coffee Or Relaxing At The End Of The Day.The Generous Bedroom Easily Fits A King-Sized Bed And Features Rare His-And-Hers Closets For Truly Functional Storage. The Kitchen Offers An Impressive Amount Of Counter Space, Stainless Steel Appliances, A Built-In Wine Fridge And Stylish Pot Lights, Making It Ideal For Cooking Or Entertaining. A Separate Laundry Room With Shelving Adds Even More Convenience And Organization.Located In One Of Toronto's Most Sought-After Neighbourhoods, You're Just Steps From Farm Boy, Longo's And A Variety Of Shops And Services, With Costco Only A Short Drive Away. The Eglinton Crosstown LRT Is Just A 5-Minute Walk Away, Offering Effortless Access Across The City, While The Boutique Shops And Acclaimed Restaurants Of Bayview Avenue Are An Easy Weekend Stroll. A Rare Combination Of Space, Comfort And Location - This Is Leaside Living At Its Best.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age31-50
Size800-899 sq. ft.
Maintenance Fees$1,069
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,594
mls© NumberC13698708
Listed ByRIGHT AT HOME REALTY
Heat Included
Hydro Included
Water Included
Building Insurance Included
Common Elements 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%
$2,503
Property tax
$216
Heat allowance
$150
Condo fees, half counted
$535
Housing costs
$3,404 / mo

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

Down payment20% · $97,800
25-yr amortization

Income needed

$105,000

gross annual household income

Payment at 4%
$2,058 / mo
Cash down
$97,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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