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Listed 24 days ago

522 - 3121 Sheppard Avenue E

Tam O'Shanter-Sullivan, Toronto

$490,000

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

Rarely Offered One Bedroom + A Den ( converted to ) A Separate Bedroom; 2 Washrooms; VeryFunctional Layout, Modern Kitchen W/ S/S Appliances, Convenient Location; Step Out To BusStand For Easy Access To Subway At Scarborough Town Centre Or Fairview Mall; Supermarket,Restaurants, Bank, Park, School Easy Access To 401/404/DVP And Much More. Amenities: ExerciseRoom, Yoga Studio, Sports Lounge, Cards Room, Party Room With Dining Room

Extras

No extras listed.

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size600-699 sq. ft.
Maintenance Fees$559
LockerNone
BalconyEnclosed
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,340
mls© NumberE13553746
Listed ByCANADA HOME GROUP REALTY INC.
Water Included
CAC Included
Common Elements 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%
$2,508
Property tax
$195
Heat allowance
$150
Condo fees, half counted
$279
Housing costs
$3,133 / mo

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

Down payment20% · $98,000
25-yr amortization

Income needed

$96,000

gross annual household income

Payment at 4%
$2,062 / mo
Cash down
$98,000

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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