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Listed 9 days ago

712 - 38 Lee Centre Drive

Woburn, Toronto

$440,000

Condo Apartment |
2 | 1 | 1 | 0
About this home

Welcome To This Bright And Spacious Corner Unit, With Unobstructed North View Approx. 725, Sqft. Excellent For Investors Or First Time Buyers Open Concept Kitchen With Upgraded Kitchen Pantry *Laminate Floors Thru Out Living/Dining/Kitchen & Br's **One Of The Best Two Bedroom Layouts Freshly Painted Kitchen, Living room and washroom, Bigger unit washer and dryer. Minutes To Scarborough Town Centre, Super Store, Ttc, Hwy 401, Centennial College & University Of Toronto*Extras: Excellent Rec Facilities, Including: Indoor Pool, Whirlpool, Sauna, Gym, Club House, Party Room, 24 Hr Concierge, s/s Fridge, S/S Stove, New S/S Dishwasher, New S/S kitchen hood, Washer & Dryer. All Elf's & Window Coverings. 1 Underground Parking Included.

Extras

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size700-799 sq. ft.
Maintenance Fees$746
LockerNone
BalconyNone
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,923
mls© NumberE13659628
Listed ByHOMELIFE/MIRACLE REALTY LTD
CAC Included
Common Elements Included
Heat Included
Building Insurance 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%
$2,252
Property tax
$160
Heat allowance
$150
Condo fees, half counted
$373
Housing costs
$2,935 / mo

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

Down payment20% · $88,000
25-yr amortization

Income needed

$90,000

gross annual household income

Payment at 4%
$1,852 / mo
Cash down
$88,000

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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Comparable sales

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