| Water Included | |
| Heat Included | |
| CAC Included | |
| Building Insurance Included | |
| Common Elements Included |
New5 hours ago
409 - 21 Grand Magazine Street
Niagara, Toronto
$899,000
Condo Apartment |
2 | 2 | 1 | 1
About this home
Stunning East Facing 2Beds, 2Baths Corner Unit Boasts 9Ft Ceilings And Hardwood Floors Throughout 1100 Sqft Great Floor Plan! Unit Has No Neighbours, Spacious Living Area With Spectacular Views. 2 Balconies, Modern Kitchen With Granite Countertops, Stainless Steel Appliances. Steps To Entertainment District, Air Canada Centre, Rogers Centre, And The Toronto Waterfront. 1 Parking Space and Locker Included.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,601
- Property tax
- $332
- Heat allowance
- $150
- Condo fees, half counted
- $453
- Housing costs
- $5,537 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $179,800
25-yr amortization
Income needed
$170,000
gross annual household income
- Payment at 4%
- $3,783 / mo
- Cash down
- $179,800
Assumes no other monthly debts · 25-yr amortization
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