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Listed 1 month ago

4 - 431 Military Trail

Morningside, Toronto

$525,000

Condo Townhouse |
3 | 2 | 2 | 0
About this home

Great Price! Ideally situated in a highly convenient Scarborough neighbourhood, this 3-bedroom town home at 431 Military Trail offers exceptional access to amenities and transit. Just minutes from Highway 401 and a short drive to Guildwood GO Station, commuting is effortless. Enjoy being steps from beautiful parks and close to the Toronto Pan Am Sports Centre, Centennial College, the University of Toronto Scarborough and Centenary Hospital.This home presents a fantastic opportunity to customize and create your ideal living space. The ground level features a welcoming foyer, a laundry/utility room, and a versatile den or games room, along with convenient access to the attached garage complete with garage door opener. The main living level offers a bright and spacious living and dining area. Sliding doors lead to a private terrace framed by mature trees for added privacy. A functional kitchen and powder room complete this level. Upstairs you'll find three well-proportioned bedrooms and a four-piece bathroom, providing comfortable space for families, first-time buyers, or those looking to downsize. An excellent opportunity to own in the quiet and well-established town home community of 431 Military Trail.

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agent
Angela Montano
(647) 283-2643
TypeCondo Townhouse
Style3-Storey
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$405
LockerNone
BalconyNone
ExposureEast West
Parking TypeBuilt-In
Parking Spaces2
Parking FeaturesNone
Property Tax$2,202
mls© NumberE13501628
Listed ByRoyal LePage Locations North
Common Elements Included
Parking Included
Water 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%
$2,687
Property tax
$184
Heat allowance
$150
Condo fees, half counted
$203
Housing costs
$3,223 / mo

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

Down payment20% · $105,000
25-yr amortization

Income needed

$99,000

gross annual household income

Payment at 4%
$2,209 / mo
Cash down
$105,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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