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New1 day ago

1608 - 45 Silverstone Drive

Mount Olive-Silverstone-Jamestown, Toronto

$599,999

Condo Apartment |
3 | 2 | 1 | 1
About this home

Two story condo unit, close to Albion mall, 3 Bedrooms 2 washrooms ensuite laundry. Walking distance from major grocery stores, TTC, finch LTR, Library, No-Frills, Medical Facilities,

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
Style2-Storey
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$625
LockerEnsuite+Common
BalconyOpen
ExposureWest
Parking TypeNone
Parking Spaces1
Parking FeaturesNone
Property Tax$1,350
mls© NumberW13687540
Listed ByTOWNVILLE REALTY INC.
Heat Included
Common Elements Included
Hydro Included
Building Insurance Included
Water Included
Parking Included
Cable TV Included
CAC 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%
$3,071
Property tax
$113
Heat allowance
$150
Condo fees, half counted
$313
Housing costs
$3,646 / mo

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

Down payment20% · $120,000
25-yr amortization

Income needed

$112,000

gross annual household income

Payment at 4%
$2,525 / mo
Cash down
$120,000

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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