| Water Included | |
| Common Elements Included | |
| Building Insurance Included | |
| Parking Included |
Listed 2 months ago
814 - 3018 Yonge Street
Lawrence Park South, Toronto
$1,099,900
Condo Apartment |
2 + 1 | 2 | 1 | 1
About this home
Elegant boutique building in prestigious Lawrence Park. Corner unit 2 bedroom + den, the Melrose model 950 Sf with abundant natural light . Large balcony with beautiful panoramic west view. Amazing location steps to subway, restaurants, shopping and park. Engineered hardwood floors throughout, modern kitchen with granite counters and glass tile backsplash, B/I appliances. Fabulous building facilities with 24Hr concierge, outdoor rooftop pool + lounge area, hot tub area with fireplace, fitness room, party room, library, dog spa. Parking and locker included.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,630
- Property tax
- $517
- Heat allowance
- $150
- Condo fees, half counted
- $451
- Housing costs
- $6,748 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $219,980
25-yr amortization
Income needed
$208,000
gross annual household income
- Payment at 4%
- $4,629 / mo
- Cash down
- $219,980
Assumes no other monthly debts · 25-yr amortization
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