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Listed 24 days ago

602 - 400 McLevin Avenue

Malvern, Toronto

$440,000

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

Spacious Two Bedroom Condo In Well Maintained Mayfair Building. Sun Filled Clean & Well Kept Unit Close To All The Amenities: Shopping, Doctors Office, Ttc, Hwy 401. Huge Balcony. State Of The Art Recreation Facility With Fully Equip Gym. Swimming pool, jacuzzi, sauna and party room (100+ capacity), gymnasium, Outdoor Tennis Court. Within a 10 min walk to Nofrils, Shoppers Drug Mart, Fresh land, A&W, medical center, diagnostic centers, eye doctor, dentist, Malvern mall, bank, food court, public library, soccer field, community recreation center etc. Within 5 min drive to Mosque, Church, Temple, gas station, fast food corner etc. Property sold "as is, as per Schedule "A"

Extras

No extras listed.

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BrokerHub Inc.
(647) 254-1864

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeCondo Apartment
StyleApartment
Approx. Age31-50
Size1200-1399 sq. ft.
Maintenance Fees$1,055
LockerExclusive
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,247
mls© NumberE13653134
Listed ByROYAL LEPAGE TERREQUITY REALTY
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Heat 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%
$2,252
Property tax
$104
Heat allowance
$150
Condo fees, half counted
$528
Housing costs
$3,034 / mo

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

Down payment20% · $88,000
25-yr amortization

Income needed

$93,000

gross annual household income

Payment at 4%
$1,852 / mo
Cash down
$88,000

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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Comparable sales

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