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Listed 2 months ago

1045 - 100 Mornelle Court

Morningside, Toronto

$464,000

Condo Townhouse |
3 | 2 | 1 | 1
About this home

Great Location Morningside/Ellesmere, Spacious 3 Bedrooms, 2Full Washrooms, Master bed room with 4pcs Bathroom Two-Level Condo Townhouse Fully renovated, Fabulous Investment Opportunity , First Time Home buyer or An Investors, Open Concept Living/Dining Room Area With A Private Direct Walk-Out and Convenient Access To A Children Playground. Spa , Ensuite Laundry, Walking Distance To Centennial College, U.T.S.C., Pan Am Sports Centre, Hospital, Shopping, Hwy 401 & T.T.C. Party Room, Gym, Security System and under ground parking,

Extras

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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$795
LockerEnsuite
BalconyTerrace
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,229
mls© NumberE13425502
Listed ByRE/MAX REALTRON REALTY INC.
Common Elements Included
Building Insurance Included
Water Included
Parking 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%
$2,375
Property tax
$102
Heat allowance
$150
Condo fees, half counted
$397
Housing costs
$3,025 / mo

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

Down payment20% · $92,800
25-yr amortization

Income needed

$93,000

gross annual household income

Payment at 4%
$1,953 / mo
Cash down
$92,800

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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