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New3 hours ago

512 - 2212 Lake Shore Boulevard W

Mimico, Toronto

$495,000

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

Newly renovated Spacious 1 Br+Den Features An Open Concept, Great Layout, Laminate Wood Throughout,Quartz Countertop & S.S.Appliances, Access To Metro & Shoppers Drug-Mart, Steps To Ttc,Parks & Lake, State Of The Art Bldg Amenities Incl An Indoor Pool, Jacuzzi,Putting Green,Party Rms,Squash Crts,Gym & Outdoor Bbq's, Close To Hwys,Go Station,Mins To Cne,Ontario Place & Dt Financial District

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$617
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,532
mls© NumberW14009084
Listed ByELITE CAPITAL REALTY INC.
Heat Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking 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%
$2,534
Property tax
$211
Heat allowance
$150
Condo fees, half counted
$308
Housing costs
$3,203 / mo

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

Down payment20% · $99,000
25-yr amortization

Income needed

$99,000

gross annual household income

Payment at 4%
$2,083 / mo
Cash down
$99,000

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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