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Mount Pleasant West, Toronto
$2,890,000
Stellar Location! Commercial Office/Development or current beautifully renod live in. 94 Walk Score, 92 Transit Score! Solid Brick Fully Detached Property on 150 Ft Extra Deep South Lot. Tons Of Windows, Modern & Open Concept, Quality Renovations Interior & Exterior, Gleaming Custom Hardwood Floors, Designer Tiles, Beautiful Modern Kitchen With Upgraded Cabinetry. Large Bedrooms With Master Walk In Closet, 2nd Floor Laundry, A Fully Finished Basement With Separate Entrance & Own Kitchen & Laundry. Mature Gardens In The Backyard & Large Oversized Deck To Be Enjoyed. World Class Amenities At Your Doorstep!
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $14,792
- Property tax
- $619
- Heat allowance
- $150
- Housing costs
- $15,561 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$479,000
gross annual household income
- Payment at 4%
- $12,162 / mo
- Cash down
- $578,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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