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Listed 25 days ago

415 - 38 Forest Manor Road

Henry Farm, Toronto

$649,998

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

Large 2 Bedroom, 2 Bath suite with Den. Located at The Point in Emerald City on low floor. Includes Parking and Locker. Enjoy the Amenities in the building, welcoming Lobby with Concierge, Party Room and Dining Room. Access also to shared amenities, a Guest Suite, Yoga Studio and Fitness Room, Theatre Room, Multipurpose Room with common lounge and billiard table, Private dining room with warming kitchen. Family size move-in suite.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size800-899 sq. ft.
Maintenance Fees$814
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$4,148
mls© NumberC13815224
Listed ByBAKER REAL ESTATE INCORPORATED
Common Elements Included
Building Insurance Included
Parking 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%
$3,327
Property tax
$346
Heat allowance
$150
Condo fees, half counted
$407
Housing costs
$4,230 / mo

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

Down payment20% · $130,000
25-yr amortization

Income needed

$130,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$130,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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