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Price Change$539,000

1701 - 25 Silver Springs Boulevard

L'Amoreaux, Toronto

$489,000

Condo Apartment |
2 + 1 | 2 | 1 | 0
About this home

This home has undergone a top-to-bottom renovation, and the sellers have invested significantly in quality upgrades throughout. Brand-new luxury vinyl plank flooring flows through all the main living areas, while the kitchen features a premium upgrade with stunning new porcelain tile. The kitchen itself has been completely gutted and rebuilt with all-new cabinetry, countertops, fixtures, and new stainless steel appliances. Both bathrooms have been fully remodeled with contemporary new finishes, fixtures, and vanities. Fresh neutral paint has been applied throughout the entire interior, creating a bright and welcoming atmosphere, and all-new lighting fixtures have been installed in every room. This was not a quick flip-the owners lived here and chose high-quality materials because they cared about the finished product. Every major update has been completed, so the next owner can simply move in and enjoy a pristine, turnkey home from day one. Beyond the upgrades, the location offers unbeatable convenience-Silver Spring provides easy access to major commuter routes, excellent public transit options, and a vibrant restaurants, shopping, and entertainment venues . Priced to reflect the substantial investment, this property offers outstanding value and is ready for its new owner.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$741
LockerNone
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,972
mls© NumberE13858076
Listed ByELITE CAPITAL REALTY INC.
Heat Included
Common Elements Included
Parking Included
Water Included

Listing History

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

Schools

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What the bank counts

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

Mortgage, tested at 6%
$2,503
Property tax
$164
Heat allowance
$150
Condo fees, half counted
$370
Housing costs
$3,188 / mo

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

Down payment20% · $97,800
25-yr amortization

Income needed

$98,000

gross annual household income

Payment at 4%
$2,058 / mo
Cash down
$97,800

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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