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New5 days ago

305 - 85 Skymark Drive

Hillcrest Village, Toronto

$625,000

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

The Classic" - 85 Skymark Drive, Hillcrest Village, This 1,528 sq ft Plus 100 Sqft Balcony condo features a split floor plan for added privacy. The layout includes a large living/dining room, kitchen with adjacent sunroom offering unobstructed views, a second bedroom that accommodates a good size furniture and includes a walk-in closet, and a primary bedroom with two closets, 5-piece ensuite bathroom, and walkout to a balcony. Building amenities include indoor and outdoor pools, hot tub, saunas, gym, tennis and squash courts, and a party room. Maintenance fees cover hydro, heat/AC, water, high-speed internet, and cable TV. Located in Hillcrest Village (North York): a mature neighbourhood with tree-lined streets, nearby parks, schools, and convenient access to Highways 404 and 401. The building provides resort-style facilities in a quiet, established area.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. Age31-50
Size1400-1599 sq. ft.
Maintenance Fees$1,503
LockerEnsuite+Owned
BalconyTerrace
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,703
mls© NumberC13622114
Listed ByACCSELL REALTY INC.
Hydro Included
Heat Included
Building Insurance Included
CAC Included
Common Elements 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%
$3,199
Property tax
$309
Heat allowance
$150
Condo fees, half counted
$751
Housing costs
$4,409 / mo

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

Down payment20% · $125,000
25-yr amortization

Income needed

$136,000

gross annual household income

Payment at 4%
$2,630 / mo
Cash down
$125,000

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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