| Common Elements Included | |
| Building Insurance Included |
421 - 8 Drummond Street
Mimico, Toronto
$479,000
Condo Townhouse |
1 | 1 | 0 | 0
About this home
This Mimico townhome has been completely renovated from top to bottom with brand new flooring, kitchen cabinets and countertops, bathroom vanity, fresh paint and brand new appliances and shows like a brand-new model suite. Located just steps from Mimico GO station, this townhome offers great value for first-time homebuyers, investors or downsizers. Listed under POWER OF SALE.
Extras
No extras listed.
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| Type | Condo Townhouse |
| Style | Stacked Townhouse |
| Approx. Age | Not available |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $183 |
| Locker | None |
| Balcony | Terrace |
| Exposure | East |
| Parking Type | Underground |
| Parking Spaces | 0 |
| Parking Features | None |
| Property Tax | $2,036 |
| mls© Number | W12727464 |
| Listed By | GET SOLD REALTY INC. |
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%
- $2,452
- Property tax
- $170
- Heat allowance
- $150
- Condo fees, half counted
- $91
- Housing costs
- $2,863 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $95,800
25-yr amortization
Income needed
$88,000
gross annual household income
- Payment at 4%
- $2,016 / mo
- Cash down
- $95,800
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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