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New3 hours ago

1402 - 195 Redpath Avenue

Mount Pleasant West, Toronto

$370,000

Condo Apartment |
1 | 1 | 0 | 1
About this home

Pemberton Citylights On Broadway Condos, Most Sought Midtown Area, Huge Outdoor Amenities Area including Pools, Party Rm W/ Chef's Kitchen, Fitness Centre and More, Laminate Flooring Through Out, Modern Open Concept Kitchen With Stainless Steel Appliances Including Samsung Washer/Dryer, Walking Distance To Subway, Restaurants, Shops, Tenant in Place - Immediate Rental Income!

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age0-5
Size0-499 sq. ft.
Maintenance Fees$376
LockerOwned
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$1,946
mls© NumberC13839232
Listed ByRETREND REALTY LTD
CAC Included
Common Elements Included
Condo Taxes Included
Heat Included
Water 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%
$1,894
Property tax
$162
Heat allowance
$150
Condo fees, half counted
$188
Housing costs
$2,394 / mo

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

Down payment20% · $74,000
25-yr amortization

Income needed

$74,000

gross annual household income

Payment at 4%
$1,557 / mo
Cash down
$74,000

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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