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Listed 2 months ago

608 - 1470 Midland Avenue

Dorset Park, Toronto

$530,000

Condo Apartment |
2 | 2 | 1 | 0
About this home

Absolutely stunning, newly renovated corner unit at 1470 Midland Avenue, Unit 608! This bright and spacious 2+1 bedroom condo features 2 full bathrooms and floor-to-ceiling windows in the living room that flood the space with natural light. Located in the highly desirable Namar Road area, this sun-filled unit offers both comfort and style. The building boasts 24-hour security, and the maintenance fee includes hydro, heat, water, and access to a full range of amenities: indoor pool, gym, sauna, hot tub, billiards room, library, private courtyard, visitor parking, and more ideal for enjoying the condo lifestyle. A mosque is just a 2-minute walk from the building. A must-see opportunity you won't want to miss! Situated in a vibrant and family-friendly community, this condo is in the heart of Scarborough, close to Midland Subway Station and with TTC access just steps away. Enjoy unmatched convenience with Shoppers Drug Mart, a large plaza, multiple grocery stores, banks, parks, and diverse restaurants right at your doorstep. Plus, it's just a 5-minute drive to Scarborough Town Centre for all your shopping and entertainment needs. Buyer can assume existing tenants or vacant possession can be given.

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$847
LockerNone
BalconyNone
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,651
mls© NumberE13424674
Listed ByRE/MAX WEST REALTY INC.
CAC Included
Common Elements Included
Heat Included
Hydro 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%
$2,713
Property tax
$138
Heat allowance
$150
Condo fees, half counted
$423
Housing costs
$3,424 / mo

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

Down payment20% · $106,000
25-yr amortization

Income needed

$105,000

gross annual household income

Payment at 4%
$2,230 / mo
Cash down
$106,000

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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