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Listed 13 days ago

310 - 20 Orchid Place Drive

Malvern, Toronto

$499,900

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

Location, Location ! Bright and spacious 2-bedroom corner condo featuring 2 washrooms and approximately 800 sq. ft. of living space plus a private balcony. Both bedrooms offer large windows with abundant natural sunlight. The open-concept living and dining area provides a seamless flow with a walk-out to the balcony. Enjoy a modern kitchen with stainless steel appliances and a full-sized washer and dryer. Parking included. Conveniently located just minutes from transit, Highway 401, Centennial College, and the University of Toronto Scarborough Campus an ideal location for comfort and accessibility !

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$505
LockerNone
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,348
mls© NumberE13859116
Listed ByRE/MAX METROPOLIS REALTY
Water Included
Common Elements 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%
$2,559
Property tax
$196
Heat allowance
$150
Condo fees, half counted
$253
Housing costs
$3,157 / mo

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

Down payment20% · $99,980
25-yr amortization

Income needed

$97,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$99,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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