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New4 hours ago

605 - 716 The West Mall Road

Eringate-Centennial-West Deane, Toronto

$510,000

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

Turn key 1+Den Etobicoke condo, perfect for first time buyers & investors. The versatile den can easily be used as a functional second bedroom or a spacious office. This unit features a bright, open concept layout with large principal rooms perfect for entertaining. The generous size master bedroom features durable laminate flooring, while the kitchen boasts elegant quartz countertops, a glass tile backsplash, ceramic floor, and stainless steel appliances. Situated in a fantastic location, you are just minutes away from highway 427, the airport, local parks, schools, shopping and public transit. This move in ready home is perfect for first time buyers, professionals or investors!

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$1,055
LockerExclusive
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,389
mls© NumberW14110032
Listed ByRE/MAX PROFESSIONALS INC.
Heat Included
Hydro Included
Water Included
Cable TV 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%
$2,610
Property tax
$116
Heat allowance
$150
Condo fees, half counted
$527
Housing costs
$3,403 / mo

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

Down payment20% · $102,000
25-yr amortization

Income needed

$105,000

gross annual household income

Payment at 4%
$2,146 / mo
Cash down
$102,000

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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