| Heat Included | |
| Water Included |
New3 days ago
406 - 895 Kennedy Road
Ionview, Toronto
$339,900
Condo Apartment |
2 | 2 | 1 | 1
About this home
*Welcome to this spacious 2-bedroom, 2-bathroom condo in the heart of Scarborough! Offering approx. 838 sq. ft. of well-designed living space, this bright and functional suite features a comfortable layout ideal for first-time buyers, downsizers, or investors. Shows Spotless* Enjoy a convenient location near Kennedy Road & Lawrence Avenue, with easy access to TTC/public transit, shopping, restaurants, grocery stores, schools, parks, & major highways. The generous living & dining areas provide plenty of space for everyday living & entertaining, with walk out Balcony & Ensuite Laundry Situated in an established and highly accessible Scarborough neighbourhood, this condo offers an excellent combination of space, location, and value. A fantastic opportunity to own a Beautiful 2-bedroom suite in a convenient GTA location! 1 Parking Spot and 1 Locker is Included. Cable TV, Internet & landline incl. in Maintenance Fees!
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $1,740
- Property tax
- $102
- Heat allowance
- $150
- Condo fees, half counted
- $354
- Housing costs
- $2,346 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $67,980
25-yr amortization
Income needed
$72,000
gross annual household income
- Payment at 4%
- $1,430 / mo
- Cash down
- $67,980
Assumes no other monthly debts · 25-yr amortization
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