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Listed 14 days ago

615 - 551 Maple Avenue

Brant, Burlington

$595,000

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

Lovely 1 bedroom unit in the highly sought after Strata Condominium offering 770 square feet of living space. Open layout with floor to ceiling windows. Beautiful laminate flooring throughout.The kitchen boasts stainless steel appliances, granite counters, tiled backsplash, pot lights, and breakfast bar.Spacious bedroom with large walk-in closet.There is a 4 piece bath and in suite laundry.1 locker (L2 #82) and 1 underground parking space (B62).Strata offers many great amenities including 24 hour security/concierge, indoor pool/spa, games room, gym, rooftop patio & BBQs, steam room, party room & guest suite available. Easy highway access, close to public transit, walking distance toLake Ontario, Downtown Burlington, Mapleview Mall, restaurants and grocery stores.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age11-15
Size700-799 sq. ft.
Maintenance Fees$733
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,513
mls© NumberW13592906
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.
Heat Included
Water 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%
$3,045
Property tax
$293
Heat allowance
$150
Condo fees, half counted
$366
Housing costs
$3,855 / mo

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

Down payment20% · $119,000
25-yr amortization

Income needed

$119,000

gross annual household income

Payment at 4%
$2,504 / mo
Cash down
$119,000

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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