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New4 days ago

608 - 1 Falaise Road

West Hill, Toronto

$499,000

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

Style, Space & Convenience In West Hill! Discover modern living in this inviting, semi-furnished 2-bedroom-plus-den with Parking and Locker , nestled in an intimate six-storey building. The generous den is a separate, enclosed room offering exceptional flexibility as a home office, guest room or potential third bedroom. A French balcony off the living room adds to the suite's charm.Enjoy beautifully landscaped gardens and amenities including a fitness room, yoga centre and party room/lounge. Everyday essentials are right across the street, with shops, restaurants, Starbucks, Tim Hortons, Shoppers Drug Mart, LCBO and The Beer Store close at hand. Conveniently located just minutes by car from Guildwood GO Station, Highway 401, the University of Toronto Scarborough, Centennial College, Lake Ontario and the Toronto Pan Am Sports Centre. Amazing Breath taking Sunset views.A wonderful opportunity to own a versatile home in a connected neighbourhood!

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size900-999 sq. ft.
Maintenance Fees$725
LockerNone
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,145
mls© NumberE14102374
Listed ByRE/MAX REALTRON REALTY INC.
Common Elements Included
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 actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,554
Property tax
$262
Heat allowance
$150
Condo fees, half counted
$363
Housing costs
$3,329 / mo

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

Down payment20% · $99,800
25-yr amortization

Income needed

$102,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

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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