| Common Elements Included | |
| Building Insurance Included |
New4 hours ago
2406 - 286 Main Street
East End-Danforth, Toronto
$529,000
Condo Apartment |
1 + 1 | 2 | 0 | 0
About this home
Spacious New 1+1 Unit With 2 Full Bathroom! Very Functional Layout, Morden Kitchen, Ensuite Washer/Dryer, Clear East Lake View, Full Of Natural Light. Den Can Be Used As Second Bedroom. Amazing Building Amenities: 24/7 Concierge, Gym, Yoga Room, Kid Room, Study Room, Party Room, Outdoor Terrace W/BBQ, Bike Storage. Steps To Main Subway Station & Go Station, Close to Danforth Restaurant, Shop, Parks, Athletic Field, Community Area, Beach.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,708
- Property tax
- $233
- Heat allowance
- $150
- Condo fees, half counted
- $237
- Housing costs
- $3,327 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $105,800
25-yr amortization
Income needed
$102,000
gross annual household income
- Payment at 4%
- $2,226 / mo
- Cash down
- $105,800
Assumes no other monthly debts · 25-yr amortization
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