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New4 days ago

1610 - 3 Rowntree Road

Mount Olive-Silverstone-Jamestown, Toronto

$519,900

Condo Apartment |
2 | 2 | 1 | 1
About this home

Spacious 2BR 2-bathroom condo. Open concept layout with bright living & dining areas. Conveniently located near Finch LRT, transit to Kipling Subway, Highways, shopping, York University, Humber College, and Pearson Airport. Maintenance fees include Heating, Air Conditioning, Hydro, Water and common elements. Large storage locker located on P2 level. (Annual rental fee of $1 payable to management)Facilities include Gym, Indoor Pool, Kids pool, Outdoor pool, 4 Tennis courts, Sauna, Party room and a bike storage room. This building is right next to Recreation Trails and parks. Walking distance to schools, places of worship, the Albion Mall, and TTC. Close to the Humberline LRT at Kipling and Finch Avenue.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$891
LockerExclusive
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,511
mls© NumberW13680126
Listed BySUTTON GROUP REALTY SYSTEMS INC.
Heat Included
Water Included
Common Elements Included
Parking Included
Hydro 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%
$2,661
Property tax
$126
Heat allowance
$150
Condo fees, half counted
$446
Housing costs
$3,383 / mo

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

Down payment20% · $103,980
25-yr amortization

Income needed

$104,000

gross annual household income

Payment at 4%
$2,188 / mo
Cash down
$103,980

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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