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New5 days ago

501 - 235 Sherway Gardens Road

Islington-City Centre West, Toronto

$545,000

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

Spacious 5th-floor 1+Den unit at 235 Sherway Gardens featuring over 700 sq. ft. of bright living space. Rare full-size kitchen appliances offer everyday convenience, while a true separate den provides the ultimate work-from-home setup. Enjoy morning sun on your private walk-out balcony, excellent storage with two double-door closets, and the peace of mind of an owned underground parking spot and locker. Unbeatable location steps to Sherway Gardens, Trillium Hospital, dining, and transit.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$663
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesOther
Property Tax$2,345
mls© NumberW13676150
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.
Heat Included
Common Elements Included
Building Insurance Included
Water Included
Parking Included
CAC 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%
$2,790
Property tax
$195
Heat allowance
$150
Condo fees, half counted
$332
Housing costs
$3,466 / mo

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

Down payment20% · $109,000
25-yr amortization

Income needed

$107,000

gross annual household income

Payment at 4%
$2,293 / mo
Cash down
$109,000

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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