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New3 hours ago

1205 - 2221 Yonge Street

Mount Pleasant West, Toronto

$488,000

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

Directly across the street from Eglinton subway station, this 4-year new luxury 1+1 unit offers you the urban convenience and lively atmosphere of midtown Toronto at your doorstep. The morning welcomes you with sunlight through the south-facing windows. The evening leads you homeward with some of Toronto's finest dining and attractions steps away from the comfort of your room. Easy to care laminate floor throughout, modern kitchen with quartz counter and built-in appliances, spacious bedroom, 4pc bath. The den can serve as your personal home office. 24 hours concierge, gym, party room, outdoor lounge area with BBQ, Starbucks in building.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size600-699 sq. ft.
Maintenance Fees$544
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$2,971
mls© NumberC13853352
Listed ByRIGHT AT HOME REALTY
Common Elements Included
Building Insurance Included

Listing History

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  • 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%
$2,498
Property tax
$248
Heat allowance
$150
Condo fees, half counted
$272
Housing costs
$3,167 / mo

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

Down payment20% · $97,600
25-yr amortization

Income needed

$97,000

gross annual household income

Payment at 4%
$2,054 / mo
Cash down
$97,600

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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