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522 - 20 Meadowglen Place
Woburn, Toronto
$449,000
Welcome to 20 Meadowglen Place - a bright and spacious 2-bedroom plus den condo offering exceptional value in one of Scarborough's fastest-growing communities. Featuring a functional open-concept layout, large windows and a 72 sqft balcony that flood the space with natural light, and upgraded kitchen, washroom, and flooring finishes throughout, this unit is ideal for both end-users and investors alike.Conveniently located just minutes from Highway 401, public transit, University of Toronto Scarborough, Centennial College, shopping, parks, and a variety of local restaurants and amenities, this location is perfectly suited for students, professionals, and families.Competitively priced with excellent rental potential, this is a fantastic opportunity to own a versatile property in a high-demand area. Whether you're searching for a place to call home or a strong investment opportunity, this unit checks all the boxes.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 0-5 |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $508 |
| Locker | Owned |
| Balcony | Open |
| Exposure | West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $1,915 |
| mls© Number | E13541154 |
| Listed By | HERSH REALTY GROUP INC. |
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%
- $2,298
- Property tax
- $160
- Heat allowance
- $150
- Condo fees, half counted
- $254
- Housing costs
- $2,862 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$88,000
gross annual household income
- Payment at 4%
- $1,889 / mo
- Cash down
- $89,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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