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Listed 10 days ago

506 - 95 Mcmahon Drive

Bayview Village, Toronto

$488,000

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

Rarely Offered - The Largest 1+1 Bedroom Layout In The Entire Building, Offering An Impressive 680 Sq. Ft. Of Spacious And Functional Living Space! This Exceptional Suite Features A Modern Kitchen With Designer Cabinetry, A Generously Sized Den With A Window That Can Easily Function As A Second Bedroom Or Private Home Office, Plus An Extra-Large Walk-In Closet Providing Outstanding Storage Space.Located In The Luxurious Concord Community, Residents Enjoy World-Class Amenities Including A Touchless Car Wash, Electric Vehicle Charging Stations, And The Spectacular 80,000 Sq. Ft. Mega Club. Steps To Bessarion Subway Station, TTC And IKEA, With Easy Access To The GO Station, Hwy 401, Hwy 404, Bayview Village, Fairview Mall, Parks And Shopping.Includes One Parking Space And One Locker. A Truly Rare Opportunity To Own The Building's Largest And Most Desirable 1+1 Layout!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$589
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,900
mls© NumberC13702648
Listed ByCENTURY 21 MYPRO REALTY
Heat Included
Water Included
CAC Included
Parking Included
Building Insurance Included
Common Elements 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%
$2,498
Property tax
$242
Heat allowance
$150
Condo fees, half counted
$295
Housing costs
$3,184 / mo

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

Down payment20% · $97,600
25-yr amortization

Income needed

$98,000

gross annual household income

Payment at 4%
$2,054 / mo
Cash down
$97,600

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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