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New4 hours ago

1212 - 38 Gandhi Lane

Commerce Valley, Markham

$759,000

Condo Apartment |
2 | 3 | 1 | 1
About this home

Modern and very well maintained north-west Bright corner unit with 835SF, Great layout, 9' ceilings, open-concept living/dining area, excellent natural view. Luxury building amenities include 24-hour concierge, indoor pool, guest suites, gym. Step to public transit, parks, dining, bank. minus to Langstaff GO, Hwy 7/407, schools and shopping. Includes 1 parking space and 1 locker.

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size800-899 sq. ft.
Maintenance Fees$449
LockerOwned
BalconyOpen
ExposureNorth West
Parking TypeNone
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,704
mls© NumberN13765686
Listed ByCENTURY 21 KING`S QUAY REAL ESTATE INC.
Heat Included
Common Elements Included
Parking Included
CAC Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,885
Property tax
$225
Heat allowance
$150
Condo fees, half counted
$225
Housing costs
$4,485 / mo

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

Down payment20% · $151,800
25-yr amortization

Income needed

$138,000

gross annual household income

Payment at 4%
$3,194 / mo
Cash down
$151,800

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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