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New1 hour ago

1201 - 180 Markham Road

Scarborough Village, Toronto

$410,000

Condo Apartment |
3 | 2 | 1 | 1
About this home

Welcome to this spacious, recently updated 3-bedroom, 2-bathroom condo located in a well-managed community in Scarborough. Featuring New Kitchen And Bathroom Cupboards, Updated Appliances, Modern Vanities And Mirrors, Updated Electrical Fixtures Throughout The Entire Home, And Fresh Paint, This Move-In Ready Unit Offers Both Style And Function. The Functional Layout Includes A Large Eat-In Kitchen, Generous Living And Dining Areas Perfect For Entertaining, And Abundant Storage With Multiple Walk-In Closets, Including A Spacious Closet In The Primary Bedroom. All Utilities Are Included In The Condo Fees - Heat, Hydro, Water, Cable, And Parking - Providing Convenient And Predictable Monthly Expenses. Residents Enjoy Excellent Building Amenities Including A Gym, Outdoor Pool, Recreation Room, And 24-Hour Security. Ideally Located Close To Schools, Transit, Parks, Hospitals, Places Of Worship, And Everyday Shopping Such As Walmart And Metro. A Fantastic Opportunity For First-Time Buyers, Families, Or Investors. Property Being Sold As-Is, Where-Is As Part Of An Estate Sale.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age51-99
Size1200-1399 sq. ft.
Maintenance Fees$1,126
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,116
mls© NumberE13690494
Listed ByRE/MAX REALTY SPECIALISTS INC.
Heat Included
Common Elements Included
Hydro Included
Building Insurance Included
Water Included
Parking 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%
$2,099
Property tax
$93
Heat allowance
$150
Condo fees, half counted
$563
Housing costs
$2,905 / mo

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

Down payment20% · $82,000
25-yr amortization

Income needed

$89,000

gross annual household income

Payment at 4%
$1,725 / mo
Cash down
$82,000

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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