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Listed 3 months ago

412 - 222 Finch Avenue W

Newtonbrook West, Toronto

$490,000

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

Open concept, high ceiling, laminate flooring throught. Kitchen boasts quartz countertop & backsplash, steel kitchen appliances, kitchen island and breakfast bar. Large and bright bedroom with wrap around windows. Ensuite bath and laundry. Large south facing balcony. One underground parking and one locker included. Visitors parking in ground floor and basement. Party room/board room free to use. TTC bus stop right in front of building, mins away to Finch subway. Cafe, Pizza shop, Dentist and other businesses in the building.

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Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$754
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,188
mls© NumberC13212922
Listed ByHOMELIFE/MIRACLE REALTY LTD
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%
$2,508
Property tax
$182
Heat allowance
$150
Condo fees, half counted
$377
Housing costs
$3,218 / mo

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

Down payment20% · $98,000
25-yr amortization

Income needed

$99,000

gross annual household income

Payment at 4%
$2,062 / mo
Cash down
$98,000

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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