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Listed 9 days ago

1206 - 20 Meadow Glen Place

Woburn, Toronto

$495,000

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

This spacious 2-bedroom + den, 2-bathroom suite offers over 850 sq.ft. of thoughtfully designed living space with a bright open-conceptlayout and modern finishes throughout. The versatile den is perfectfor a home office, while the primary bedroom features a privateensuite and direct access to the balcony. Includes one owned parkingspace and in-suite laundry.Enjoy exceptional amenities including a rooftop pool, fitness centre,theatre room, party room, concierge, guest suites, BBQ area, andvisitor parking. Conveniently located minutes from Highway 401,Scarborough Town Centre, Centennial College, the University of TorontoScarborough, TTC transit, parks, shopping, and everyday essentials. Anexcellent opportunity for first-time buyers, families, or investors.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$587
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,302
mls© NumberE13659510
Listed ByRE/MAX MILLENNIUM REAL ESTATE
Heat Included
Common Elements Included
Building Insurance 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%
$2,534
Property tax
$192
Heat allowance
$150
Condo fees, half counted
$294
Housing costs
$3,169 / mo

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

Down payment20% · $99,000
25-yr amortization

Income needed

$98,000

gross annual household income

Payment at 4%
$2,083 / mo
Cash down
$99,000

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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