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New4 hours ago

#3502 - 20 Lombard Street

Church-Yonge Corridor, Toronto

$630,000

Condo Apartment |
1 | 1 | 0 | 0
About this home

Top Builder: Great Gulf. Spacious And Bright Corner Unit Nestled In The Highly Desirable Yonge & Richmond Neighbourhood, Overlooking Fabulous City View. Living On A High Floor Relishing The Peace and Quiet Environment. Modern Open Concept Kitchen With Built-In Storage. Large Private Balcony Enjoying The Sunshine And Night Scene Of The City All Year Round. Laminate Flooring Throughout. Building Amenities: 24 Hours Concierge, Gym, Exercise Room, Two Outdoor Pools, Party/Meeting Room, Rooftop Garden, Bike Storage. 3 Minutes Walk To Subway Station, Living Near Eaton Centre Shopping Mall, Toronto Metropolitan University, Delicious Restaurants, Supermarket, Coffee Shops, Cineplex Cinema, Indigo Bookstore, Banks, Parks, And So Much More.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size500-599 sq. ft.
Maintenance Fees$616
LockerNone
BalconyOpen
ExposureNorth East
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$3,430
mls© NumberC14181068
Listed ByBAY STREET GROUP INC.
Water Included
CAC Included
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,225
Property tax
$286
Heat allowance
$150
Condo fees, half counted
$308
Housing costs
$3,969 / mo

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

Down payment20% · $126,000
25-yr amortization

Income needed

$122,000

gross annual household income

Payment at 4%
$2,651 / mo
Cash down
$126,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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