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Listed 7 days ago

215 - 188 Fairview Mall Drive

Don Valley Village, Toronto

$388,000

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

Welcome to this 2-bedroom, 2-bathroom corner unit at Verde Condos, offering a bright and spacious open-concept layout filled with natural light. Enjoy added privacy and seamless outdoor living with two private balconies perfect for relaxing or entertaining. Ideally positioned adjacent to Fairview Mall, T&T Supermarket, Cineplex, restaurants, banks, steps to Don Mills Subway Station and public transit. This residence places the best of shopping, dining, and city conveniences at your doorstep. Enjoy seamless connectivity with easy access to the 404, 401, and DVP, making travel throughout the GTA effortless.

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This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$579
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,046
mls© NumberC13884954
Listed ByHOMELIFE NEW WORLD REALTY INC.
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

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What the bank counts

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

Mortgage, tested at 6%
$1,986
Property tax
$254
Heat allowance
$150
Condo fees, half counted
$290
Housing costs
$2,679 / mo

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

Down payment20% · $77,600
25-yr amortization

Income needed

$82,000

gross annual household income

Payment at 4%
$1,633 / mo
Cash down
$77,600

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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