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New5 days ago

221 - 7 Applewood Lane E

Etobicoke West Mall, Toronto

$619,000

Condo Townhouse |
2 | 1 | 1 | 1
About this home

RARE!! Middle (Above Ground) Unit In One Of The Best Locations In West Toronto * NOT A (Underground) Basement Unit, And Not A Multi-Storey With Endless Stairs * Menkes-Built, Dwell City Towns * Incredibly Low Maintenance Fees (3 Times Lower Than Condos Of This Size) * Functional 2Br Floorplan Is Ideal For First-Time Homebuyers, Downsizers, Or As A Rental Investment * Lots Of Natural Light, With A Sitting Porch In The Front AND A Balcony In The Back * Suite Features High Quality Laminate Floors, Open Concept Layout, & Smooth Ceilings * Kitchen Has Granite Counters & Stainless Steel Appliances * Lots Of In-Suite Storage * Underground Parking Spot And Large Storage Locker, Ideally Situated Away From Main Driveway Next To Parking Stairwell * Amazing Location: Less Than 10 Mins To Pearson Airport, 5 Min To Sherway Gardens (Mall,) Minutes To 401 Or QEW, With Amenities And TTC All Around * Schools: Broadacres Junior Public School (With French Immersion) Is A 10 Min Walk, Michael Powers (An IB School) Is Just A Short Drive * Put This One On Your Must-See List!

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agent
Angela Montano
(647) 283-2643
TypeCondo Townhouse
StyleStacked Townhouse
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$194
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,394
mls© NumberW13675818
Listed ByCENTURY 21 LEADING EDGE REALTY INC.
Common Elements 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%
$3,168
Property tax
$200
Heat allowance
$150
Condo fees, half counted
$97
Housing costs
$3,615 / mo

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

Down payment20% · $123,800
25-yr amortization

Income needed

$111,000

gross annual household income

Payment at 4%
$2,605 / mo
Cash down
$123,800

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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