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New3 hours ago

1009 - 11 Thorncliffe Pk Drive

Thorncliffe Park, Toronto

$385,000

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

Discover a rare, high-value opportunity in the prestigious Leaside Park community with The Burgess model suite. This 808-square-foot residence has been exceptionally well maintained by the same owner since 1993, representing a strong, stable asset with immense upside. The intelligent, open-concept layout maximizes square footage, featuring seamless living-to-kitchen flow and a highly versatile flex space-perfect for maximizing rental potential as a den, home office, or guest room. Value-add features include an included parking space, storage locker, and generous in-suite storage. Situated in a high-demand neighborhood close to major retail hubs, schools, and medical facilities, the property boasts incredible future appreciation backed by the enhanced connectivity of the new Metrolinx line. On site management office, security guard, and visitors parking! Party room and meeting room, billiards room, fitness room and more! Property is sold "As Is"-a definitive turnkey lifestyle investment or prime portfolio addition.

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$929
LockerExclusive
BalconyNone
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,840
mls© NumberC14095826
Listed ByRIGHT AT HOME REALTY
Heat Included
CAC Included
Building Insurance Included
Parking Included
Hydro Included
Common Elements Included
Water 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%
$1,971
Property tax
$153
Heat allowance
$150
Condo fees, half counted
$465
Housing costs
$2,739 / mo

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

Down payment20% · $77,000
25-yr amortization

Income needed

$84,000

gross annual household income

Payment at 4%
$1,620 / mo
Cash down
$77,000

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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