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New7 days ago

304 - 1070 Progress Avenue

Malvern, Toronto

$489,900

Condo Townhouse |
2 | 2 | 1 | 1
About this home

Prime Location - Modern 2-Bed, 2-Bath Condo Townhouse with Rooftop Terrace, ideally located near top amenities, including schools, Centennial College, the University of Toronto, Community center, Supermarkets, Restaurants, Parks, and more. This stylish 2-bedroom, 2-bathroom unit features stainless steel appliances, expansive windows that fill the space with natural light, Includes Unit 66, Level A, Unit 169 Level A. A fantastic opportunity for both first-time buyers and investors! Seller schedules to accompany all offers. Buyers to verify taxes, rental equipment, parking, and any applicable fees.

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeCondo Townhouse
Style3-Storey
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$590
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,223
mls© NumberE13743398
Listed ByKW Living Realty
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%
$2,508
Property tax
$269
Heat allowance
$150
Condo fees, half counted
$295
Housing costs
$3,221 / mo

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

Down payment20% · $97,980
25-yr amortization

Income needed

$99,000

gross annual household income

Payment at 4%
$2,062 / mo
Cash down
$97,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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