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New8 hours ago

1711 - 41 Markbrook Lane

Mount Olive-Silverstone-Jamestown, Toronto

$389,000

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

Attention investors, first-time buyers, or families looking for exceptional value! Massive 871 sq. ft. 1+Den, 2-bathroom condo with underground parking and desirable southwest exposure. Maintenance fees of only approximately $437/month for a unit this size, at this price point, and with underground parking are almost unheard of! Bright and spacious open-concept living, dining, and den area with large windows providing plenty of natural light. $$$ spent on major renovations and updates including new kitchen cabinetry, countertops and flooring, updated hardwood flooring throughout the living, dining, and den areas, stainless steel appliances, and professional painting throughout. Spacious primary bedroom with a 6-piece ensuite and a versatile den ideal for a home office or additional living space.Well-managed building with excellent amenities including an indoor pool, fitness room, squash court, and 12-hour security. Conveniently located close to transit, highways, shopping, schools, and parks.Great Value! Large unit with 2 bathrooms, underground parking, great building amenities, and exceptionally low maintenance fees. A fantastic opportunity for buyers looking for space and value.

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$437
LockerNone
BalconyNone
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,433
mls© NumberW13766650
Listed ByRIGHT AT HOME REALTY
Building Insurance Included
Common Elements Included
Water 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%
$1,991
Property tax
$119
Heat allowance
$150
Condo fees, half counted
$219
Housing costs
$2,479 / mo

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

Down payment20% · $77,800
25-yr amortization

Income needed

$76,000

gross annual household income

Payment at 4%
$1,637 / mo
Cash down
$77,800

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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