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Listed 8 days ago

1016 - 18 Sommerset Way

Willowdale East, Toronto

$815,000

Condo Apartment |
3 | 2 | 1 | 1
About this home

Tridel Luxury Condo, Rare 3 Br North East View Corner Unit, Same level Locker, First- Class amenities, guest suites, visitor Parking, car wash, swimming pool, pool table, gym, sauna, 24 hrs- gate-house security, Close to 2 subway stations, North York City Center, shops, restaurants **Located within the catchment area of highly ranked public schools.**.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$1,004
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,967
mls© NumberC13607824
Listed ByACHIEVEMENT REALTY CORPORATION
Heat Included
Water Included
Hydro 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%
$4,172
Property tax
$331
Heat allowance
$150
Condo fees, half counted
$502
Housing costs
$5,154 / mo

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

Down payment20% · $163,000
25-yr amortization

Income needed

$159,000

gross annual household income

Payment at 4%
$3,430 / mo
Cash down
$163,000

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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