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New5 days ago

1005 - 115 McMahon Drive

Bayview Village, Toronto

$645,000

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

Open space corner unit, 9 ft ceiling,133 sq ft balcony, large windows, NE exposure, fills with natural light throughout the day. Modern kitchen with marble backsplash, B/I Appliances, quartz countertop, Bathroom with marble tiles. Great location! Walking distance to everything! Step to TTC/Subway and minutes to Highway 401.

Extras

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$672
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,918
mls© NumberC13717312
Listed ByRIGHT AT HOME REALTY
Heat Included
Water Included
CAC Included
Common Elements Included
Building Insurance 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%
$3,301
Property tax
$243
Heat allowance
$150
Condo fees, half counted
$336
Housing costs
$4,031 / mo

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

Down payment20% · $129,000
25-yr amortization

Income needed

$124,000

gross annual household income

Payment at 4%
$2,714 / mo
Cash down
$129,000

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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