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New2 hours ago

205 - 645 Millwood Road

Mount Pleasant East, Toronto

$639,000

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

If you've been dreaming of simplifying life without leaving the neighbourhood you love, the Bethel Green "Life Lease" could be exactly what you've been waiting for. Perfect for those 60+, this welcoming boutique community offers the opportunity to remain close to Davisville, Leaside and the heart of Midtown while saying goodbye to the upkeep of a house and endless stairs. Stroll to Bayview's charming cafés, shops and everyday conveniences or catch the bus to appointments with ease. This is worry-free living at its best.This bright and spacious (almost 1000 SF) 1-bedroom plus large separate den features an open-concept living and dining area with oversized windows that fill the home with natural light. Glass doors lead to a charming Juliette balcony, creating an airy, inviting atmosphere. You'll appreciate the exceptional storage with space in both the furnace room and hot water tank closet (both are owned and maintained by the Corporation), plus a storage locker on Level B. Parking is effortless with your owned space conveniently located on B2 right beside the entrance.One of only 19 suites, Bethel Green offers far more than a home, it offers a true sense of community. Enjoy book clubs, exercise classes, game nights and regular social gatherings as well as holiday celebrations with like-minded neighbours who value friendship, independence and an active lifestyle. Whether you're downsizing from your family home or simply looking for an easier way to live, this wonderful community is ready to welcome you home. The small chapel on the Whitewood portion of the property is no longer in operation. NOTE: Life Lease buyers do not pay any Land Transfer Tax!

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$1,273
LockerExclusive
BalconyJuliette
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,033
mls© NumberC14152192
Listed ByBOSLEY REAL ESTATE LTD.
Common Elements Included
Water Included
Parking Included
Building Insurance 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%
$3,271
Property tax
$253
Heat allowance
$150
Condo fees, half counted
$637
Housing costs
$4,310 / mo

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

Down payment20% · $127,800
25-yr amortization

Income needed

$133,000

gross annual household income

Payment at 4%
$2,689 / mo
Cash down
$127,800

Assumes no other monthly debts · 25-yr amortization

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