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Listed 7 months ago

1120 - 20 O'Neill Road

Banbury-Don Mills, Toronto

$500,000

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

Spacious and bright one Bedroom plus Study Area offering a lot of Sunshine. Walk out to a spectacular large balcony with park, City skyline and CN Tower view. One year old Condo. Steps To the Shops At Don Mills, bars, Restaurants, A few major Banks, Vip Cinemas, Metro Grocery. Ttc On Don Mills, 5 Mins Drive From Dvp/ Hwy 401.

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNew
Size500-599 sq. ft.
Maintenance Fees$490
LockerOwned
BalconyOpen
ExposureEast
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$2,600
mls© NumberC12877518
Listed ByJDL REALTY INC.
Heat Included
Water Included
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,559
Property tax
$217
Heat allowance
$150
Condo fees, half counted
$245
Housing costs
$3,171 / mo

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

Down payment20% · $100,000
25-yr amortization

Income needed

$98,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$100,000

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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