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New4 hours ago

1001 - 299 Mill Road

Markland Wood, Toronto

$529,900

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

Opportunity for first time buyers or downsizers. Large two bedroom plus den, 2 bath suite approximately 1244 square feet with two balcony walkouts. Renovated kitchen (2011) with mirrored backsplash, built-in appliances and breakfast area featuring a wall of built-in cabinets for all your cooking/storage needs. Large open-concept living room/dining room overlooking den/family room with balcony walkout. Lovely primary bedroom with walk-in closet and 4pc ensuite bath, and second bedroom with oversized mirrored double closet. Ensuite laundry completes the suite. Maintenance fee includes all utilities and cable TV/internet. Facilities include indoor and outdoor pools, tennis and pickle ball court, full-equipped gym, party room, virtual golf, children's playground and plenty of visitor parking. Enjoy the convenient in-suite walk-in closet/storage room and one parking space.

Extras

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$1,450
LockerNone
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,481
mls© NumberW13735630
Listed BySOTHEBY'S INTERNATIONAL REALTY CANADA
Heat Included
Hydro Included
Water Included
Cable TV Included
CAC 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.

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%
$2,712
Property tax
$207
Heat allowance
$150
Condo fees, half counted
$725
Housing costs
$3,794 / mo

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

Down payment20% · $105,980
25-yr amortization

Income needed

$117,000

gross annual household income

Payment at 4%
$2,230 / mo
Cash down
$105,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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