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Bendale, Toronto
$2,999,990
Stunning Custom-Built Home in the Highly Desirable Community! Built 3 years ago, Total 7bedroom and 7 washrooms with 2 family room, 6035 square feet of luxurious living space (including the basement), luxurious kitchen, stainless steel appliances with centre island, spacious bedrooms, each with custom built-in closet organizers. 10 feet ceiling main floor, 9feet ceiling in 2nd floor. The fully finished basement 2 bed room , 2 full washroom, home theatre with walk out basement, Close 401, shopping malls, subway, and hospitals, all furniture, and tv in family room are negotiable if buyer willing to buy
No extras listed.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $15,355
- Property tax
- $923
- Heat allowance
- $150
- Housing costs
- $16,428 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$505,000
gross annual household income
- Payment at 4%
- $12,624 / mo
- Cash down
- $599,998
Assumes no other monthly debts · 25-yr amortization
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