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New4 hours ago

502 - 2212 Lake Shore Boulevard W

Mimico, Toronto

$499,000

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

Client Remarks* Gorgeous South West View * 9 Ft Ceilings * Luxury One Bedroom+Study With Parking & Locker * Overviewing The Creek/Lake * Spectacular Layout With Laminate Floor Thru-Out * Minutes To Downtown * Steps To Ttc, Park & Supermarket * Close To Highways, Both Airports, Bike Trails & Beach * Excellent 30,000 Sf Club * Amenities Include: Indoor Pool, Hot Tub, Fireplace, Gym, Massage, Steam Room, Sauna, Party Room, Business Centre & Children's Craft Centre * Great Location & Value * **EXTRAS** S/S Fridge, S/S Stove, S/S Built-In Dishwasher, S/S Built-In Microwave, Washer, Dryer, Existing Light Fixtures. ***

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$511
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,141
mls© NumberW14006314
Listed ByRIGHT AT HOME REALTY
Heat Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking 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%
$2,554
Property tax
$178
Heat allowance
$150
Condo fees, half counted
$256
Housing costs
$3,138 / mo

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

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

Income needed

$97,000

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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