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New7 days ago

1603 - 400 Mclevin Avenue

Malvern, Toronto

$439,000

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

Very spacious and large 2 bedroom, 2 bathroom corner unit condo in a gated community at Mayfair on the Green conveniently located close to all amenities, 401 etc, Approx 1312 sq ft, 2 large bedrooms (split bedroom layout), All laminate flooring throughout (no carpet), large open concept family/living area, eat in kitchen, large ensuite laundry room combined with storage space, nice and bright throughout, 2 Parking & locker included!, Recreational amenities include: 24 hours gated security access into the building, gym, pool, sauna, lots of visitor parking etc

Extras

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$1,056
LockerExclusive
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces2
Parking FeaturesUnderground
Property Tax$1,516
mls© NumberE13709176
Listed ByRE/MAX NOBLECORP REAL ESTATE
CAC Included
Water Included
Common Elements Included
Parking Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,247
Property tax
$126
Heat allowance
$150
Condo fees, half counted
$528
Housing costs
$3,051 / mo

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

Down payment20% · $87,800
25-yr amortization

Income needed

$94,000

gross annual household income

Payment at 4%
$1,847 / mo
Cash down
$87,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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