20 Bypass Court
Tam O'Shanter-Sullivan, Toronto
$899,000
The home is situated in a court surrounded with excellent school district and a family-friendly neighborhood in addition to having easy access to highways and public transportation. Located in a highly desired neighbourhood which offers large bedrooms and large windows. The property has a brand new kitchen, brand new doors and windows, new roof( 2024), brand new appliances with a large gas stove, brand new washrooms, brand new heating and cooling systems brand new tankless weather heater. This property is a must see.
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Listing History
Schools
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,601
- Property tax
- $397
- Heat allowance
- $150
- Housing costs
- $5,149 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$158,000
gross annual household income
- Payment at 4%
- $3,783 / mo
- Cash down
- $179,800
Assumes no other monthly debts · 25-yr amortization
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