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Listed 8 days ago

108 - 701 Sheppard Avenue W

Clanton Park, Toronto

$399,000

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

Welcome To This Bright And Well-Maintained 1-Bed, 1-Bath Condo Located On The First Floor Of A Sought-After Building. Featuring Large Windows That Flood The Space With Natural Light And A Desirable Walk-Out Terrace,This Unit Offers The Perfect Blend Of Comfort And Convenience. The Well-Managed Building Boasts Excellent Amenities, Including A Gym, Party Room, And Guest Suites And More! Ideally Situated Just Minutes To Subway,TTC, Shopping Centres, Parks, And Highways, Making It Perfect For Commuters And City Living Alike. An Excellent Opportunity For First-Time Buyers, Investors, Or Those Looking To Downsize.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age11-15
Size500-599 sq. ft.
Maintenance Fees$519
LockerOwned
BalconyTerrace
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,006
mls© NumberC13610118
Listed ByRE/MAX HALLMARK CHAY REALTY
Heat Included
Water Included
Building Insurance Included
Parking Included
CAC 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%
$2,042
Property tax
$167
Heat allowance
$150
Condo fees, half counted
$260
Housing costs
$2,619 / mo

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

Down payment20% · $79,800
25-yr amortization

Income needed

$81,000

gross annual household income

Payment at 4%
$1,679 / mo
Cash down
$79,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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