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Listed 4 months ago

1101 - 4 Elsinore Path

New Toronto, Toronto

$349,999

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

Welcome to this beautifully renovated one-bedroom condo offering a perfect blend of comfort, style, and convenience. Featuring an open-concept layout with combined living and dining areas, this unit is designed for both everyday living and effortless entertaining. The unobstructed view and abundant natural light create a bright, and airy feel throughout the day. The spacious bedroom includes a double closet while the updated kitchen showcases sleek granite countertops, white cabinetry, a modern backsplash and breakfast bar/peninsula. Durable laminate flooring runs throughout, adding warmth and continuity to the space. Additional highlights include in-suite laundry with bonus storage that can function as a private locker, one underground parking space, and access to bike storage (first come, first served). This building is ideally located just steps from the TTC, shops, restaurants, grocery, parks, and the lake - everything you need is right at your doorstep. Enjoy nearby green space at Colonel Samuel Smith Park and easy access to Lakeshore West living. A fantastic opportunity for first-time buyers, down sizers, or investors alike.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$738
LockerNone
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,606
mls© NumberW13010994
Listed ByROYAL LEPAGE TERREQUITY BRIT MCDONALD REALTY
Heat Included
CAC Included
Parking Included
Building Insurance Included
Water Included
Common Elements 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%
$1,791
Property tax
$134
Heat allowance
$150
Condo fees, half counted
$369
Housing costs
$2,444 / mo

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

Down payment20% · $70,000
25-yr amortization

Income needed

$75,000

gross annual household income

Payment at 4%
$1,473 / mo
Cash down
$70,000

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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