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604 - 5240 Dundas Street

Orchard, Burlington

$425,900

Condo Apartment |
1 | 1 | 1 | 1
About this home

Top flooor 1 Bedroom + 1 Den unit in North Burlington's sought after Orchard community. Open concept kitchen with full size Stainless Steel appliances connected to bright living room with clear views to the escarpment. Walking distance to schools, shopping, restaurants and more with easy access to major highways. Condo features large gym and party room, hot and cool plunge pools, sauna and steam room. 1 underground parking space and 1 locker.

Extras

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age6-10
Size500-599 sq. ft.
Maintenance Fees$475
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,925
mls© NumberW13007610
Listed ByRE/MAX ESCARPMENT REALTY INC.
Heat Included
CAC Included
Common Elements Included
Building Insurance 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%
$2,180
Property tax
$244
Heat allowance
$150
Condo fees, half counted
$237
Housing costs
$2,811 / mo

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

Down payment20% · $85,180
25-yr amortization

Income needed

$86,000

gross annual household income

Payment at 4%
$1,792 / mo
Cash down
$85,180

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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