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New2 days ago

811 - 28 Olive Avenue

Willowdale East, Toronto

$425,000

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

Location, Location, Location! Exceptional Opportunity To Own A Property In The Highly Desirable Willowdale East Community. Situated In Convenient Yonge/Finch Location. Famous Earl Haig Secondary School Area. Just Steps To TTC, Subway, Shopping, Restaurants, Park And Everyday Amenities. Building Maintenance Includes Water, Heat & Electricity. 24-Hours Security Gatehouse. Fitness, Game & Party Room. This Bright & Spacious Corner 1-Bedroom Has A Functional Layout With New Flooring, New Granite Counter-Top And Back Splash, New Paint Thru-Out. 1 Parking And 1 Locker Included. Move-In Ready And Priced To Sell.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$636
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,112
mls© NumberC14030894
Listed ByKW Living Realty
Heat Included
Hydro Included
Water Included
Common Elements Included
Building Insurance Included
Parking 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%
$2,175
Property tax
$176
Heat allowance
$150
Condo fees, half counted
$318
Housing costs
$2,819 / mo

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

Down payment20% · $85,000
25-yr amortization

Income needed

$87,000

gross annual household income

Payment at 4%
$1,788 / mo
Cash down
$85,000

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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