| Water Included | |
| Cable TV Included | |
| Hydro Included | |
| Heat Included | |
| Parking Included | |
| Common Elements Included |












































502 - 7825 Bayview Avenue
Aileen-Willowbrook, Markham
$598,000
Excellent opportunity for investors or future owner-occupants seeking flexibility, immediate rental income and long-term value. Rare Opportunity To Own A Spacious close to 1200 Sqft. 2 Bedroom + Enclosed Glass Den, 2 Bath Suite With Parking & Locker In One Of Thornhill's Most Desirable Resort-Style Communities. Excellent Investment Opportunity With AAA Tenant Paying $3,300/Month, Or Ideal Future Home For End-Users. Lease term has already expired And Tenant Is Willing To Stay Or Relocate. Enjoy an 'All-In' maintenance package that covers everything: Heat, Hydro, Water, Central Air, Cable TV, AND High-Speed Wi-Fi-providing total monthly cost certainty. Enjoy Acres Of Beautifully Landscaped Grounds, Indoor Pool, Tennis Courts, Fitness Facilities, 24 hrs. Concierge And More. Prime Bayview Location Close To Shopping, Transit, Hwy 407, Hwy 7, Parks And Top-Rated Schools. Exceptional Space, Lifestyle And Value Rarely Found In Today's Condo Market. Seller is also the listing agent.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 1000-1199 sq. ft. |
| Maintenance Fees | $1,052 |
| Locker | Owned |
| Balcony | None |
| Exposure | North East |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $2,621 |
| mls© Number | N13498576 |
| Listed By | CENTRAL HOME REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,061
- Property tax
- $218
- Heat allowance
- $150
- Condo fees, half counted
- $526
- Housing costs
- $3,955 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$122,000
gross annual household income
- Payment at 4%
- $2,516 / mo
- Cash down
- $119,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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