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New5 days ago

2308 - 38 Lee Centre Drive

Woburn, Toronto

$410,000

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

Beautiful South Facing 1+1 Condo Unit Conveniently Located At Mccowan/Hwy 401. Short Walk To Scarborough Town Centre/Ymca Centre/Shopping/Restaurants And Minutes To Hwy 401, Direct Bus To Centennial College And Lrt. Excellent Layout, Open Concept, Bright And Spacious. Light-Filled Living/Dinning Room And Master Bedroom With Unobstructed Clear South View. Sizeable Den With Huge Double Closet Can Be Used As 2nd Bedroom. Kitchen With Breakfast Bar.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$667
LockerNone
BalconyNone
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,757
mls© NumberE13621816
Listed ByRIGHT AT HOME REALTY
Heat Included
Common Elements Included
Building Insurance Included
Water Included
Parking Included
CAC 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%
$2,099
Property tax
$146
Heat allowance
$150
Condo fees, half counted
$334
Housing costs
$2,729 / mo

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

Down payment20% · $82,000
25-yr amortization

Income needed

$84,000

gross annual household income

Payment at 4%
$1,725 / mo
Cash down
$82,000

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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