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New2 hours ago

923 - 2885 Bayview Avenue

Bayview Village, Toronto

$348,888

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

The highly sought after 'ARC' by The Daniels Corporation. This very bright, clean and large studio unit (480 interior sq ft) is equipped with brand new premium LVP flooring and is ideally located right at Bayview Subway station and directly abutting the Bayview Village Mall - a dream location for both downtown commuters and those working from home. Minutes to the 401, and surrounded by excellent area amenities, this spacious and efficient studio model is equipped with 1 full washroom and will not disappoint whether you are an end-user or a savvy investor. Excellent building amenities in this unique and award-winning development by one of the city's most reputable builders.

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size0-499 sq. ft.
Maintenance Fees$350
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$2,187
mls© NumberC13768606
Listed ByROYAL LEPAGE SIGNATURE REALTY
Water Included
Building Insurance Included
Common Elements 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%
$1,786
Property tax
$182
Heat allowance
$150
Condo fees, half counted
$175
Housing costs
$2,293 / mo

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

Down payment20% · $69,778
25-yr amortization

Income needed

$71,000

gross annual household income

Payment at 4%
$1,468 / mo
Cash down
$69,778

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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