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Listed 4 months ago

50 - 351 Military Trail

Morningside, Toronto

$741,000

Condo Townhouse |
4 | 2 | 2 | 0
About this home

This well-kept two-storey condo townhouse offers over 2,000 sq ft of total living space in the sought-after Seven Oaks neighbourhood. The main floor features laminate flooring throughout and a bright open-concept living and dining area complete with a cozy fireplace, perfect for everyday living and entertaining. The upgraded kitchen is finished with quartz countertops and stainless-steel appliances. The second-floor features four generously sized bedrooms and a full bathroom, offering comfortable and functional space for the entire family. The finished basement provides valuable additional living space with a large rec room, an extra bedroom, and a laundry room, presenting excellent potential for an in-law suite. Monthly maintenance conveniently includes water, Rogers cable, and internet, adding exceptional value. Located in a family-friendly complex with ample visitor parking, this home is steps to parks, schools, transit, and the Toronto Pan Am Sports Centre, and just minutes to Centennial College, U of T Scarborough, Scarborough Town Centre, hospital, shopping, and Hwy 401. Move-in ready and a must see.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Townhouse
Style2-Storey
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$676
LockerNone
BalconyNone
ExposureEast
Parking TypeAttached
Parking Spaces2
Parking FeaturesPrivate
Property Tax$2,406
mls© NumberE12942830
Listed ByRE/MAX COMMUNITY REALTY INC.
Parking Included
Water Included
Common Elements Included
Building Insurance Included
Cable TV 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%
$3,793
Property tax
$200
Heat allowance
$150
Condo fees, half counted
$338
Housing costs
$4,481 / mo

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

Down payment20% · $148,200
25-yr amortization

Income needed

$138,000

gross annual household income

Payment at 4%
$3,118 / mo
Cash down
$148,200

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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