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Listed 8 days ago

625 - 1883 Mcnicoll Avenue

Steeles, Toronto

$419,900

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

First owner. Bright and spacious 1-bedroom suite featuring a den and a solarium, could easily turn into a 2+1 if needed. Budget-friendly priced with great potential. Facilities include Games Room, Gym, Indoor Pool, Party/Meeting Room, Sauna, Visitor Parking. Exceptional convenience with TTC transit right at your doorstep and close to the Milliken GO Station, providing easy access throughout the city and GTA. Reasonable maintenance with hydro, water, heating, and CAC included.

Extras

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Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$540
LockerNone
BalconyNone
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,857
mls© NumberE13611276
Listed ByGOLDENWAY REAL ESTATE LTD.
Heat Included
Water Included
Hydro 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%
$2,149
Property tax
$155
Heat allowance
$150
Condo fees, half counted
$270
Housing costs
$2,724 / mo

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

Down payment20% · $83,980
25-yr amortization

Income needed

$84,000

gross annual household income

Payment at 4%
$1,767 / mo
Cash down
$83,980

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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Comparable sales

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