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Listed 16 days ago

501 - 51 Saddlecreek Drive

Commerce Valley, Markham

$399,000

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

Welcome To This Functional One Bedroom Unit In Galleria Tower With Quiet and Beautiful Courtyard View. Well Kept Unit In Move In Condition. Well Managed Building With 24 Hours Concierge. Lot Of Ground Floor Visitor Parking Spaces. Short Distance Walk To Highway 7 Transit, Tim Hortons, McDonald's, Restaurants, Banks, Shops and So On. What A Convenient Location For Daily Activities.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$533
LockerNone
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,715
mls© NumberN13581984
Listed ByTRADEWORLD REALTY INC
Heat Included
Water 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%
$2,042
Property tax
$143
Heat allowance
$150
Condo fees, half counted
$266
Housing costs
$2,601 / mo

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

Down payment20% · $79,800
25-yr amortization

Income needed

$80,000

gross annual household income

Payment at 4%
$1,679 / mo
Cash down
$79,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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