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Listed 11 days ago

15G - 8 Rosebank Drive

Malvern, Toronto

$450,000

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

Welcome to 8 Rosebank Drive, Unit 15G, a fantastic opportunity in a highly sought after Scarborough neighbourhood! This well located home offers the perfect blend of comfort, convenience, and lifestyle, situated just minutes from Highway 401, Scarborough Town Centre, TTC, shopping, dining, schools, parks, and everyday amenities. Set in a great, well maintained building, this is an ideal choice for first time buyers, downsizers, investors, or anyone looking for a connected and convenient place to call home. Enjoy easy access to major highways and transit while being surrounded by everything you need. A prime location, desirable neighbourhood, and great building make this a must see opportunity!

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$557
LockerNone
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,840
mls© NumberE13774216
Listed ByRE/MAX WEST REALTY INC.
Heat Included
Water Included
Common Elements Included
Parking Included
Building Insurance 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%
$2,303
Property tax
$153
Heat allowance
$150
Condo fees, half counted
$279
Housing costs
$2,885 / mo

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

Down payment20% · $90,000
25-yr amortization

Income needed

$89,000

gross annual household income

Payment at 4%
$1,894 / mo
Cash down
$90,000

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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