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New3 hours ago

1615 - 175 Bamburgh Circle

Steeles, Toronto

$618,000

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

Monterey Condos built in prestige builder Tridel and managed by well known DEL management. Located at the Warden/Steeles area. Within the desirable Dr. Norman Bethune Collegiate Institute boundary (top 13% of all Ontario Schools). Steps to primary and secondary schools; TTC bus stop; glossaries and lots of different restaurants. At a high level on the 20/F, this unit offers panoramic view almost from all of the rooms. Over 1500 sq.ft living space with condo fee at only $0.79 per sq. ft. which includes hydro, water and cable TV. This is a good choice for a small family looking for their starter home or for people who are looking for downsizing.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1400-1599 sq. ft.
Maintenance Fees$1,214
LockerEnsuite+Exclusive
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,048
mls© NumberE13637498
Listed ByKW Living Realty
Hydro Included
Water Included
Cable TV 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%
$3,163
Property tax
$254
Heat allowance
$150
Condo fees, half counted
$607
Housing costs
$4,174 / mo

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

Down payment20% · $123,600
25-yr amortization

Income needed

$128,000

gross annual household income

Payment at 4%
$2,601 / mo
Cash down
$123,600

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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