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Listed 4 months ago

Ph101 - 225 Sherway Gardens Road

Islington-City Centre West, Toronto

$499,000

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

Amazing sunset views from this penthouse, nothing blocking the southwest sightlines from the balcony. Open layout with kitchen flowing into living and dining spaces, 9ft ceilings make it feel really spacious. Den is flexible for office or guest space. Parking is close to the elevator which is handy, plus you get a bigger than normal locker. Hard to find penthouses with views this clear.Great location with quick highway access to both QEW and 427. TTC is right outside, Sherway Gardens is walkable, and there's tons of restaurants nearby.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$666
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,383
mls© NumberW13090112
Listed ByGLOBAL BRICKS EXECUTIVE HOMES REALTY
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.

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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%
$2,554
Property tax
$199
Heat allowance
$150
Condo fees, half counted
$333
Housing costs
$3,236 / mo

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

Down payment20% · $99,800
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

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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