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New3 hours ago

1111 - 50 Lotherton Pathway

Yorkdale-Glen Park, Toronto

$339,000

Condo Apartment |
2 | 1 | 1 | 0
About this home

Affordable 2-bedroom condo with 1 underground parking, ensuite laundry and balcony. Low maintenance fees ($688.28 per month, includes all utilities). Property taxes are only $1,066.56 per year. Same owners for 20+ years. Good opportunity for first time buyers to purchase in a high demand area of North York. The building offers amenities like, spacious playground, tennis court, basketball court. Easy access to Hwy 401, 400, Black Creek & Allen Rd. 15 mins to Pearson Airport and minutes to Lawrence West subway. Walking distance to Yorkdale Mall, Costco and major hospitals. Building is currently being renovated. All balconies are being restored.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age51-99
Size600-699 sq. ft.
Maintenance Fees$688
LockerNone
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,067
mls© NumberW13695094
Listed ByINTERNATIONAL REALTY FIRM, INC.
Heat Included
Water Included
Common Elements Included
Building Insurance Included
Hydro 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%
$1,735
Property tax
$89
Heat allowance
$150
Condo fees, half counted
$344
Housing costs
$2,318 / mo

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

Down payment20% · $67,800
25-yr amortization

Income needed

$71,000

gross annual household income

Payment at 4%
$1,427 / mo
Cash down
$67,800

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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