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Listed 1 month ago

703 - 20 Forest Manor Road

Henry Farm, Toronto

$426,000

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

Very spacious and bright 2 Bedroom Condo Unit In the Heart of North York's High Demanded Henry Farm Neighborhood area with a beautiful Layout and Walkout To Huge Balcony With A Stunning Unabstracted Park View, Updated Kitchen with Quartz Countertops and Backsplash and build-in Dishwasher. Perfect For a Family or Investors because of High Demand for Rental. All Utilities And Cable TV Included In Maintenance Fees. Convenient Location; Walking Distance To Don Mills Subway And Fairview Mall, 24 Hours TTC Bus, Close To North York General Hospital, Doctors clinics, Shops, Minutes to Trails, Hwy 401, 404 and 407. Close To School, Library, Parkway Forest Park, Community Centre And Much More. Building Amenities Include Exercise room, Sauna and Outdoor Pool. ** EXTRAS ** Maintenance Fee includes: Heat, Hydro, Water, Cable and one parking space, and the right to use Outdoor Pool, Sauna & Exercise Room.

Extras

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$919
LockerEnsuite
BalconyOpen
ExposureEast
Parking TypeSurface
Parking Spaces1
Parking FeaturesSurface
Property Tax$1,584
mls© NumberC13498586
Listed ByRE/MAX HALLMARK REALTY LTD.
Heat Included
Hydro Included
Water Included
Cable TV 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%
$2,180
Property tax
$132
Heat allowance
$150
Condo fees, half counted
$460
Housing costs
$2,922 / mo

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

Down payment20% · $85,200
25-yr amortization

Income needed

$90,000

gross annual household income

Payment at 4%
$1,793 / mo
Cash down
$85,200

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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