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Listed 1 month ago

204 - 4060 Lawrence Avenue E

West Hill, Toronto

$359,000

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

Great Location! Newly Painted Bi-Level Condo Townhouse Featuring 3 Storeys And 3 Separate Entrances. This Spacious Home Offers 2 Kitchens, Making It An Excellent Investment Opportunity With Potential Rental Income Or The Perfect Setup For Extended Family Living With A Separate Entrance To The Ground Floor. The Main Level Features A Large Eat-In Kitchen With Ample Cabinetry, Laminate And Ceramic Flooring, And A Bright Open-Concept Living And Dining Area With Large Windows That Fill The Space With Natural Light. Enjoy An Open Balcony With Breathtaking Panoramic Views. The Lower Level Provides A Separate Living Space, Ideal For Extended Family, In-Laws, Or Tenants Seeking Added Privacy. Step Outside To A Large Backyard Backing Onto A Private Oasis And Trail, Perfect For Entertaining Or Relaxing. Includes 2 Parking Spaces And 1 Large Locker. Conveniently Located Close To Morningside Park, Walk-In Clinics, Drugstores, Supermarkets, Scarborough Town Centre, University Of Toronto, Highway 401, Parks, Schools, Restaurants, Shopping, And 24-Hour TTC Bus Routes. All-Inclusive Maintenance Fees Cover Heat, Central A/C, Water, And Cable TV. Don't Miss Out On This Incredible Opportunity!

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1600-1799 sq. ft.
Maintenance Fees$1,638
LockerOwned
BalconyEnclosed
ExposureNorth
Parking TypeUnderground
Parking Spaces2
Parking FeaturesUnderground
Property Tax$1,274
mls© NumberE13524178
Listed ByHOMELIFE/FUTURE REALTY INC.
Heat Included
Water Included
CAC 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%
$1,838
Property tax
$106
Heat allowance
$150
Condo fees, half counted
$819
Housing costs
$2,913 / mo

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

Down payment20% · $71,800
25-yr amortization

Income needed

$90,000

gross annual household income

Payment at 4%
$1,511 / mo
Cash down
$71,800

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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