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New3 hours ago

1009 - 2 Covington Road

Englemount-Lawrence, Toronto

$799,900

Condo Apartment |
2 | 2 | 1 | 1
About this home

Completely move-in ready, without spending another penny! This fabulously renovated bright corner suite has been redone from floor to ceiling, including removal of the popcorn ceilings and added pot lights. High-end finishes, hardwood floors, and custom built-in closets throughout, along with a practical split-bedroom layout and plenty of storage. The kitchen offers stainless steel appliances, an eat-in area, a large window, and additional built-ins. The open-concept living/dining area walks out to the private balcony. The primary bedroom features his/her closets and a 4-piece ensuite with more custom built-ins. Parking and locker are owned. Building amenities include 24-hour concierge, an outdoor pool, gym, sauna, party room, and guest suites. Great location, with shopping right across the street, the library next door, and TTC right out front!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$1,134
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,326
mls© NumberC14154690
Listed ByFOREST HILL REAL ESTATE INC.
Common Elements Included
Building Insurance Included
Parking Included
Water 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%
$4,094
Property tax
$277
Heat allowance
$150
Condo fees, half counted
$567
Housing costs
$5,088 / mo

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

Down payment20% · $159,980
25-yr amortization

Income needed

$157,000

gross annual household income

Payment at 4%
$3,366 / mo
Cash down
$159,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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