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Listed 8 days ago

507 - 117 Mcmahon Drive

Bayview Village, Toronto

$578,000

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

Welcome To Opus By Concord! Enjoy Exceptional Convenience In The Heart Of North York, Just Steps To TTC, Shopping, Parks, Canadian Tire, IKEA & More, With Easy Access To Hwy 401 & 404. Walking Distance To Bessarion, Leslie & Bayview Subway Stations, With Bessarion & Leslie Being The Closest, Plus Convenient Access To Oriole GO Station. This Spacious & Bright 1-Bedroom + Den Features A Functional Open-Concept Layout, Modern Kitchen With Integrated Appliances, And Beautiful West & Northwest Views Overlooking The Park. Enjoy An Impressive Selection Of Building & Mega Club Amenities Including Fitness Gym, Full-Size Basketball Court, Badminton Courts, Bowling Lanes, Tennis Court, Lawn Bowling, Golf Putting Green, Pet Spa, Lounges, Guest Suites, Party Lounge With Pool Table, Zen Courtyard With BBQ & Alfresco Dining Area & Much More. An Exceptional Combination Of Comfort, Convenience & Resort-Style Living!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size600-699 sq. ft.
Maintenance Fees$640
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,839
mls© NumberC13705204
Listed ByRE/MAX REALTRON REALTY INC.
Common Elements Included
Building Insurance Included
Parking Included
Water 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%
$2,958
Property tax
$237
Heat allowance
$150
Condo fees, half counted
$320
Housing costs
$3,665 / mo

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

Down payment20% · $115,600
25-yr amortization

Income needed

$113,000

gross annual household income

Payment at 4%
$2,432 / mo
Cash down
$115,600

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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