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New12 hours ago

507 - 1603 Eglinton Avenue W

Oakwood Village, Toronto

$580,000

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

Sophisticated 2-Bedroom, 2-Bathroom , 1 parking, 1 locker Suite at Empire Midtown! This stunning west-facing unit features $$$$ in premium builder upgrades, enhancing its sleek, modern finishes. Spanning a well layed out floorplan the suite offers flooring throughout, two walkouts to a spacious balcony. The contemporary kitchen is equipped with stainless steel appliances, ample storage in the unit and second bedroom, plus a walk-in closet in the primary suite. Amazing Location! Situated directly across from the Oakwood LRT Station, just an 8-minute walk to the TTC subway, and minutes to Highway 401. Building Amenities: 24-hour concierge, party room with kitchen & dining area, fitness center, two guest suites, bike storage, and an outdoor landscaped terrace with BBQ. Inclusions: Stainless steel fridge, stove, dishwasher, microwave, full-sized washer & dryer, all light fixtures, and window coverings.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size700-799 sq. ft.
Maintenance Fees$755
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,077
mls© NumberC13757646
Listed ByROYAL LEPAGE SIGNATURE REALTY
CAC Included
Common Elements Included
Heat Included
Building Insurance 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%
$2,969
Property tax
$256
Heat allowance
$150
Condo fees, half counted
$378
Housing costs
$3,753 / mo

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

Down payment20% · $116,000
25-yr amortization

Income needed

$115,000

gross annual household income

Payment at 4%
$2,441 / mo
Cash down
$116,000

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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