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706 - 7 Lorraine Drive
Willowdale West, Toronto
$599,900
Act Now, Spacious Split Style Condo In Demand Location. Open Concept Living And Dining With Laminate Flooring, Modern Kitchen With S/S Appliances. Den Easily Accommodates A Home Office, Large Master With Closet And A 4 Piece Ensuite. Second Bedroom With Laminate Flooring And Additional Closet Space. Close To All Amenities Including Shopping And Schools, Subway At The Door, Building Has Hotel Like Amenities, Must See Upgraded Unit, Won't Last!
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 800-899 sq. ft. |
| Maintenance Fees | $730 |
| Locker | Owned |
| Balcony | Open |
| Exposure | West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $2,970 |
| mls© Number | C13625200 |
| Listed By | RE/MAX WEST REALTY INC. |
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%
- $3,071
- Property tax
- $248
- Heat allowance
- $150
- Condo fees, half counted
- $365
- Housing costs
- $3,833 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$118,000
gross annual household income
- Payment at 4%
- $2,524 / mo
- Cash down
- $119,980
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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