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712 - 115 Mcmahon Drive
Bayview Village, Toronto
$499,000
Omega Condo, by Concord, is wonderful with modern finishing throughout. This 618 Sq Ft. 1bedroom plus 1 den layout is spacious with an additional 168 sq. ft. balcony. One parking and one locker included. 9 Foot ceilings with large floor-to-ceiling windows in the living area and bedroom allows for plenty of sunlight. Large Open concept den can be used as a bedroom. Quartz Countertop with integrated stove, microwave, dishwasher, and fridge. Close to Hwy401/404, Fairview Mall, Ikea, Starbucks, Bayview Village, Hospital, and subway station. Amazing amenities includes basketball court, bowling alley, tennis court, swimming pool, lounge, meeting room, BBQ and picnic area.
No extras listed.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 6-10 |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $604 |
| Locker | Owned |
| Balcony | Open |
| Exposure | West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $2,639 |
| mls© Number | C13566586 |
| Listed By | HOMELIFE EXCELSIOR REALTY INC. |
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%
- $2,554
- Property tax
- $220
- Heat allowance
- $150
- Condo fees, half counted
- $302
- Housing costs
- $3,226 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$99,000
gross annual household income
- Payment at 4%
- $2,100 / mo
- Cash down
- $99,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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