| CAC Included | |
| Common Elements Included | |
| Heat Included | |
| Hydro Included | |
| Building Insurance Included | |
| Water Included |
Price Change$680,000
902 - 284 Bloor Street W
Annex, Toronto
$785,000
Condo Apartment |
2 | 1 | 0 | 1
About this home
Super convenient Bloor St./St. George at Downtown Toronto, Walk across the street to University Of Toronto, UTS, St. George Subway Station. Unit is One Of Larger 2 bedrooms Layouts In The Building, huge living room with formal family life style; Spotless bright spacious overlooking landscaped garden, , Newly renovated with tons Of upgrades, Newer Flooring, S/S Appliances, Full size Kitchen with Pass Thru Serving Bar, 2 Bedrooms with ample built in closet space, one storage Locker included for extra storage, Walk to Bloor and Younge, enjoying the ROM, Bloor St. Luxury Shops, Restaurants & Subway etc. Excellent Opportunity For Investment & living in Toronto!
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,018
- Property tax
- $309
- Heat allowance
- $150
- Condo fees, half counted
- $595
- Housing costs
- $5,072 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $157,000
25-yr amortization
Income needed
$156,000
gross annual household income
- Payment at 4%
- $3,303 / mo
- Cash down
- $157,000
Assumes no other monthly debts · 25-yr amortization
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