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1 / 0
New2 days ago

607 - 2261 Lake Shore Boulevard W

Mimico, Toronto

$699,999

Condo Apartment |
1 + 1 | 1 | 1 | 0
About this home

Award Winning Marina Del Rey, Gated Waterfront Community With Resort Style Amenities. Spacious unit with floor-to-ceiling south-east unobstructed views of lake, protected parkland and Metropolitan Toronto City Skyline. Steps To The Waterfront, Parks, Trails, Marina, restaurants, And Transit With Easy Access To Downtown Toronto. The Malibu Club provides residents with all the amenities of a private club incl gym, squash courts, tennis courts, indoor pool, sauna, library, billiard/game room, party room, terrace, and outdoor patio overlooking the marina. The meeting spaces host a variety of clubs for residents, the shared BBQ area is surrounded by pristine gardens and walkways. All inclusive maintenance fees including internet! Ample visitor parking, with 24 hour concierge offers safety, privacy and security. ** Some photos have been virtually staged**

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$911
LockerNone
BalconyNone
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,594
mls© NumberW13684650
Listed ByRE/MAX REALTY ENTERPRISES INC.
Heat Included
Hydro Included
Water Included
Cable TV 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.

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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%
$3,583
Property tax
$216
Heat allowance
$150
Condo fees, half counted
$455
Housing costs
$4,404 / mo

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

Down payment20% · $140,000
25-yr amortization

Income needed

$136,000

gross annual household income

Payment at 4%
$2,946 / mo
Cash down
$140,000

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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