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Listed 21 days ago

1601 - 950 Drew Centre

1037 - TM Timberlea, Milton

$694,900

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

Located At Thompson Road South and Drew Centre, Thompson Towers Will Offer Seamless Access to an Unparallel Transit System and a Host of Exclusive Amenities at The Thompson Club. With Its Eye-Catching Architecture and Meticulously Landscaped Surroundings, Thompson Towers is Ushering in a New Era for Urban Life. Experience Milton Like Never Before. Now is Your Chance to Own This Beautiful, Brand New 1 Bed + Den Unit @ The Tallest Towers in Milton!

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNew
Size600-699 sq. ft.
Maintenance Fees$418
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax---
mls© NumberW13566824
Listed ByMETROPARK REALTY INC.
Heat Included
Common Elements Included
Building Insurance 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 estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,557
Property tax (estimated)
$0
Heat allowance
$150
Condo fees, half counted
$209
Housing costs
$3,916 / mo

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

Down payment20% · $138,980
25-yr amortization

Income needed

$120,000

gross annual household income

Payment at 4%
$2,924 / mo
Cash down
$138,980

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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