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Listed 20 days ago

712 - 115 Mcmahon Drive

Bayview Village, Toronto

$499,000

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

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.

Extras

No extras listed.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age6-10
Size600-699 sq. ft.
Maintenance Fees$604
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,639
mls© NumberC13566586
Listed ByHOMELIFE EXCELSIOR REALTY INC.
Heat Included
Water 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%
$2,554
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.

Down payment20% · $99,800
25-yr amortization

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 check

Investment Analysis

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

Values and trends

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