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Listed 2 months ago

507 - 236 Albion Road

Elms-Old Rexdale, Toronto

$399,900

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

***Beautifully Renovated 2-bedroom Suite*** Offering generous living space and contemporary finishes throughout. Features a Redesigned kitchen with New Cabinets & Quartz Counter, Backsplash, Lightning, Brand New Stainless Steels Appliances, Renovated Bathroom with New Vanity & Quartz Top. New Flooring & Baseboard Throughout, and Fresh Decor. Amazing view of Golf Course and Treetop Views from the private balcony. Conveniently situated close to Major Highways 400, 401, 409, 427. Steps to TTC, Schools, Shopping. This is a must see unit.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$772
LockerNone
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$821
mls© NumberW13448750
Listed ByREAL ESTATE ADVISORS 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%
$2,047
Property tax
$68
Heat allowance
$150
Condo fees, half counted
$386
Housing costs
$2,651 / mo

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

Down payment20% · $79,980
25-yr amortization

Income needed

$82,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$79,980

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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