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Listed 12 days ago

2209 - 8 Park Road

Rosedale-Moore Park, Toronto

$425,000

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

Welcome to 8 Park Road, located at the marquee intersection of Toronto, Yonge and Bloor! This ultra functional layout offers a generously sized primary bedroom and den perfectly designed for an office to work from home. Recently upgraded hardwood floors throughout the unit. Unobstructed and open views with amply sunlight. Prime convenience with direct access to Yonge/Bloor TTC subway station! Steps to many of the city's best shops and restaurants in Yorkville, plus Longo's downstairs and top schools nearby. All utilities are included in the maintenance fee!

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$633
LockerNone
BalconyJuliette
ExposureEast
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$2,752
mls© NumberC13599028
Listed ByRARE REAL ESTATE
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance 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%
$2,175
Property tax
$229
Heat allowance
$150
Condo fees, half counted
$316
Housing costs
$2,871 / mo

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

Down payment20% · $85,000
25-yr amortization

Income needed

$88,000

gross annual household income

Payment at 4%
$1,788 / mo
Cash down
$85,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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