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New6 days ago

1403 - 15 Torrance Road

Eglinton East, Toronto

$380,000

Condo Apartment |
2 + 1 | 2 | 1 | 0
About this home

Spacious & Bright South Facing 2+ Den Condo | Over 1,000 Sq. Ft.! Welcome to This Generously Sized 2 Bedroom Plus Den Corner Unit, Offering Over 1,000 Sq.ft. Of Living Space and a Highly Functional Layout. The Spacious Primary Bedroom, Well Sized Second Bedroom, and Versatile Den Provide Flexibility for a Home Office, Nursery, or Additional Living Space. Two Full Bathrooms Add Everyday Convenience, While the Oversized Utility and Laundry Room Offers Valuable Extra Storage. This Property Presents an Excellent Opportunity for First-Time Homebuyers and Investors Looking to Renovate, Personalize, and Unlock Its Full Potential. Bring Your Vision and Transform This Space Into a Home That Reflects Your Style and Needs. Located in a Solid, Well Maintained Building Just Steps From Eglinton, Go Transit, Shopping, Restaurants, and Everyday Amenities, This Location Offers Exceptional Convenience and Connectivity. Maintenance Fees Cover a Substantial Portion of Utilities, Adding Further Value and Convenience. Whether You're Looking to Enter the Market, Create Your Dream Home, or Invest in a Property With Potential, This Bright South Facing Condo Offers Space, Location, and an Exciting Opportunity to Make It Your Own!

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$951
LockerNone
BalconyNone
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,289
mls© NumberE14094978
Listed ByTHE AGENCY
Heat Included
Hydro Included
Water Included
Common Elements Included
Building Insurance Included

Listing History

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  • 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%
$1,945
Property tax
$107
Heat allowance
$150
Condo fees, half counted
$476
Housing costs
$2,678 / mo

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

Down payment20% · $76,000
25-yr amortization

Income needed

$82,000

gross annual household income

Payment at 4%
$1,599 / mo
Cash down
$76,000

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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