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New2 hours ago

3116 - 8 Park Road

Annex, Toronto

$420,000

Condo Apartment |
1 | 1 | 0 | 1
About this home

One of The BEST DEALS in Yorkville/Rosedale! 8 Park Road, is connected directly to the Yorkville Path, with underground access to The W hotel, Manulife Centre, Holt Renfrew Centre, TTC Stations +++. No need to go outside in the winter cold when you live here! Suite 3116 has been completely renovated, with brand new, wide plank hardwood floors, smooth ceilings throughout, brand new California closet organizers, new lighting, a new kitchen with under-mount sink, freshly painted, and a renovated bathroom, that is completely move in ready! The updated kitchen, includes all stainless steel appliances. Boasting over 550 square feet, with beautiful west facing sunsets, suite 3116 is a must see! All inclusive maintenance fees - no extra hydro bill, with 24 Hr. Concierge, onsite management, a 10,000 sq. ft. landscaped - outdoor terrace with BBQ's, a party room, media room and a 4 floor Goodlife gym. 1 Locker is also included. Longos Grocery store at the corner for added convenience!

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$574
LockerOwned
BalconyOpen
ExposureWest
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$2,411
mls© NumberC13715510
Listed ByRIGHT AT HOME REALTY
CAC Included
Common Elements Included
Heat Included
Hydro Included
Building Insurance Included
Water 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%
$2,150
Property tax
$201
Heat allowance
$150
Condo fees, half counted
$287
Housing costs
$2,787 / mo

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

Down payment20% · $84,000
25-yr amortization

Income needed

$86,000

gross annual household income

Payment at 4%
$1,767 / mo
Cash down
$84,000

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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