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Listed 28 days ago

405 - 10 TAPSCOTT Road

Malvern, Toronto

$415,000

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

WELCOME TO THIS BRIGHT AND SPACIOUS 2 BEDROOM, 2 BATHROOM CORNER UNIT! PERFECT FOR 1ST TIME HOME BUYERS, DOWNSIZERS OR INVESTORS! CLEAN AND WELL MAINTAINED BUILDING! LAMINATE FLOORING THROUGHOUT! OPEN CONCEPT LIVING ROOM AND DINING ROOM! PRIMARY BEDROOM WITH WALK IN CLOSET & 2 PC ENSUITE! 2ND BEDROOM WITH LARGE CLOSET! RENOVATED BATHROOMS! ENSUITE LAUNDRY! 1 PARKING SPOT AND 1 LOCKER! ALL UTILITIES COVERED IN MAINTENANCE FEE! CLOSE TO TRANSIT, HIGHWAY, SHOPPING, SCHOOLS AND MUCH MORE!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$808
LockerExclusive
BalconyNone
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$974
mls© NumberE13539274
Listed ByRIGHT AT HOME REALTY
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance 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%
$2,124
Property tax
$81
Heat allowance
$150
Condo fees, half counted
$404
Housing costs
$2,759 / mo

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

Down payment20% · $83,000
25-yr amortization

Income needed

$85,000

gross annual household income

Payment at 4%
$1,746 / mo
Cash down
$83,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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