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Listed 11 days ago

808 - 8 Covington Road

Englemount-Lawrence, Toronto

$875,000

Condo Apartment |
2 | 3 | 1 | 1
About this home

Fabulous Location! Short walk to Shopping for all your needs and Public Transportation. Bright and Spacious and 1360 Sq. Ft. As per Builder, Boasting 2 large Bedrooms each with their own 4-piece Bathrooms plus an additional Powder Room for your Guests. Primary Bedroom has a Large Walk-in Clothes Closet. Large Balcony with Entrances both from Living and Dining Rooms with expansive Western Exposure. Ensuite Laundry Room for your convenience. 24 Hour Concierge, Outdoor Pool, Main Floor Gym and Sauna. Guest Suites. Bathrooms recently renovated.

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$1,136
LockerOwned
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground, Mutual
Property Tax$4,067
mls© NumberC13605376
Listed ByRE/MAX ULTIMATE REALTY INC.
Cable TV Included
Common Elements Included
Building Insurance Included
Parking Included
Water 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%
$4,479
Property tax
$339
Heat allowance
$150
Condo fees, half counted
$568
Housing costs
$5,535 / mo

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

Down payment20% · $175,000
25-yr amortization

Income needed

$170,000

gross annual household income

Payment at 4%
$3,682 / mo
Cash down
$175,000

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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Comparable sales

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