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Listed 2 months ago

316 - 872 Sheppard Avenue W

Bathurst Manor, Toronto

$525,000

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

Location, Location, Location!!! Plaza Royale Beauty!! Well kept, tenanted, charming, spacious condo unit near Allen Rd and Sheppard West Subway. Steps to TTC. Includes Locker on same floor & features open concept layout, kitchen with huge breakfast bar, balcony 85 Sq.Ft. Above ground parking and en-suite laundry. Excellent amenities include gym, party room, sauna, rooftop deck. Beautiful sized Balcony can be converted to a relaxation oasis!! Approx. 860 Sq.Ft. Includes balcony. Potential for a lovely home. Some TLC needed since tenanted. Extras: Shelving Unit in Smaller bedroom, wall vanity cupboard in Bathroom, washer and dryer 2-3 yrs old, Built-in Fridge, stove, built-in Microwave, Gas furnace, air conditioning with control your own Heat and Air.

Extras

No extras listed.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$497
LockerOwned
BalconyOpen
ExposureNorth West
Parking TypeSurface
Parking Spaces1
Parking FeaturesSurface
Property Tax$2,375
mls© NumberC13501046
Listed ByRE/MAX WEST REALTY INC.
Common Elements Included
Building Insurance Included
Parking Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,687
Property tax
$198
Heat allowance
$150
Condo fees, half counted
$248
Housing costs
$3,283 / mo

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

Down payment20% · $105,000
25-yr amortization

Income needed

$101,000

gross annual household income

Payment at 4%
$2,209 / mo
Cash down
$105,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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