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New1 hour ago

912 - 225 Sumach Street

Regent Park, Toronto

$599,000

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

Beautiful One Bedroom Den in the Heart of Regent Park. 9 Foot Ceilings, Laminate Flooring, Gourmet Kitchen, With One Parking Spot and One Locker. Visitor Parking and So Much More Located Mins From Eaton Center Downtown. Close to Highways, Public Transit. This Building has 24hrs Concierge. EXTRAS High end Appliances, B/I Cooktop Oven, S/S Microwave, S/S Fridge, B/I Dishwasher, Stacked W/D. One Locker and One Parking Spot. Available Amenities: BBQ, Rooftop Terrace, Gym, Concierge, Regent Park and Aquatic Center Across the Street.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size600-699 sq. ft.
Maintenance Fees$592
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,632
mls© NumberC13792392
Listed ByRE/MAX PREMIER INC.
Heat Included
Common Elements Included
Building Insurance Included
CAC Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,066
Property tax
$219
Heat allowance
$150
Condo fees, half counted
$296
Housing costs
$3,731 / mo

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

Down payment20% · $119,800
25-yr amortization

Income needed

$115,000

gross annual household income

Payment at 4%
$2,521 / mo
Cash down
$119,800

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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