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New6 days ago

303 - 4569 Kingston Road

West Hill, Toronto

$299,000

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

Welcome to East Pointe Condos - brand new, direct from the builder. At $299,000 this is the lowest-priced brand-new suite in West Hill and the only studio in the release - a first home or a first investment at a price point new buildings rarely offer. The 386 sqft. plan is efficient and bright, with an open living and sleeping area, a dedicated dining space, a kitchen with a full appliance package, in-suite laundry, luxury vinyl flooring throughout, keyless entry and a smart-home-ready suite. Maintenance fees under $250 a month keep the carrying costs among the lowest you will find in a new building. Residents have a fitness centre, party room, landscaped outdoor terraces with BBQ stations and visitor parking. Minutes to U of T Scarborough, Guildwood GO and Highway 401, with shops, parks, waterfront trails and the Scarborough Bluffs nearby. Buy directly from the builder in a completed, registered building - no years of waiting, no occupancy fees.

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size0-499 sq. ft.
Maintenance Fees$248
LockerNone
BalconyNone
ExposureNorth
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax---
mls© NumberE14094534
Listed ByROYAL LEPAGE SIGNATURE REALTY
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 estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,530
Property tax (estimated)
$0
Heat allowance
$150
Condo fees, half counted
$124
Housing costs
$1,804 / mo

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

Down payment20% · $59,800
25-yr amortization

Income needed

$56,000

gross annual household income

Payment at 4%
$1,258 / mo
Cash down
$59,800

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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