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512 - 1818 Bayview Avenue
Mount Pleasant East, Toronto
$739,000
Bayview and Eglinton Condo, Located in a newly renovated boutique building in the heart of Leaside/midtown. This unit offers a Living room/Dinning room combo with a beautiful gas fireplace, Generous Principal bedroom with wall to wall closet plus a walk-in closet for plenty of storage . Then Den has been set up as a second bedroom with a huge wall to wall closet.Both bathrooms have recently been renovated with high end finishings. Within walking distance of Bayview Shops, restaurants and grocery stores. Conveniently located one block from a new LRT station. Comes with one parking and one locker. Just move right in and enjoy midtown Toronto and Leaside!
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,783
- Property tax
- $328
- Heat allowance
- $150
- Condo fees, half counted
- $592
- Housing costs
- $4,852 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$149,000
gross annual household income
- Payment at 4%
- $3,110 / mo
- Cash down
- $147,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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