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527 - 1 Belsize Drive
Mount Pleasant West, Toronto
$319,000
Perfect for first time home buyer or investors !! 97 Walk score & 93 Transit Score. A Boutique Condo Built By Reputable Mattamy Homes. Highly sought after area in Midtown Toronto near Yonge / Eglinton. Walking Distance To Transit, Davisville Subway, Restaurants, Shops, Entertainment, Parks, Trails & All Amenities! Modern Style Built Bachelor Unit With Integrated European Design. 9 Ft Ceilings, Floor To Ceiling Window.
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Listing History
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $1,633
- Property tax
- $150
- Heat allowance
- $150
- Condo fees, half counted
- $121
- Housing costs
- $2,053 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$63,000
gross annual household income
- Payment at 4%
- $1,342 / mo
- Cash down
- $63,800
Assumes no other monthly debts · 25-yr amortization
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