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New3 hours ago

306 - 1387 Bayview Avenue

Leaside, Toronto

$399,000

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

Welcome to SAHIL. Stay At Home In Leaside is a unique boutique building In One Of The Most Desirable Neighbourhoods In Toronto! and a Life Lease for seniors 60 And Over, Very Well Maintained by A Professional Property Management Company And With A Healthy Reserve Fund To Pay For Future Repairs And Replacements. This Immaculate 1+1 unit, South facing with walkout to balcony. Property is vacant and Move in ready!!! Enjoy the lifestyle and amenities of beautiful Leaside at a very affordable price!!!. High walkability Score. Steps To All The shops and amenities, A Big Advantage To Life Lease Is THERE IS NO LAND TRANSFER TAX!!! Monthly Maintenance Fees And Taxes Are Considerably Lower Than Comparable Buildings In The Neighbouring Areas! Just Pay Your Own Hydro, Gas And CATV, Most Everything Else Is Included! Building Features Include Lounge, Outdoor Patio With BBQ, Workshop. Buyers Buy The Right To Occupy The Unit And Pay A Monthly Maintenance Fee Up Until The Time They Decide To Sell! (Please See Attached). Don't Miss this One!!!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size700-799 sq. ft.
Maintenance Fees$577
LockerExclusive
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground, Surface
Property Tax$1,646
mls© NumberC13731462
Listed ByRIGHT AT HOME REALTY
Building Insurance Included
Parking Included
Water Included
Common Elements 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%
$2,042
Property tax
$137
Heat allowance
$150
Condo fees, half counted
$289
Housing costs
$2,618 / 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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