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New6 days ago

Ph09 - 270 Palmdale Drive

Tam O'Shanter-Sullivan, Toronto

$499,000

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

Welcome to Penthouse 09 at 270 Palmdale Drive! This spacious corner suite offers over 1,000 sq. ft. of bright and comfortable living space, complemented by unobstructed southwest views and an abundance of natural sunlight. Featuring 2 bedrooms, 1 bathroom and a large private balcony, the functional layout is ideal for everyday living and entertaining. The suite includes an updated kitchen with modern countertops, cabinetry, flooring and appliances, laminate flooring throughout, primary bedroom walk-in closet, Exclusive-use parking and an Situated in a well-maintained building near Warden and Sheppard, residents enjoy easy access to schools, shopping, restaurants, public transit, Highway 401 and Highway 404. A rare opportunity to own a bright and generously sized penthouse suite in a convenient Scarborough location-Penthouse 09 is ready to welcome its next owner!

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$799
LockerNone
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,650
mls© NumberE13783600
Listed ByAVISION HOME REALTY INC.
Heat Included
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%
$2,554
Property tax
$137
Heat allowance
$150
Condo fees, half counted
$400
Housing costs
$3,241 / mo

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

Down payment20% · $99,800
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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