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704 - 1 Emerald Lane
Crestwood-Springfarm-Yorkhill, Vaughan
$570,000
Amazing value for this bright and spacious corner suite of over 1,000 sq ft in the highly desirable Eiffel Towers building. This well-designed unit features 2 bedrooms, 2 bathrooms, and convenient ensuite laundry. The open-concept living and dining area is perfect for entertaining, while the galley kitchen offers space for cozy breakfast area. Hardwood flooring runs throughout. The large balcony provides a beautiful south-facing view. The primary bedroom has a huge walk-in closet and a 4-piece washroom. The unit includes one parking space and a locker. Residents enjoy a secure 24/7 gatehouse, an elegant lobby with soaring ceilings. This is a well-maintained building with excellent amenities, including a guest suite, outdoor pool, party room, games room with pool and ping-pong, meeting room, a gym and ample visitor parking. Ideally located close to shopping, places of worship, and public transit.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 1000-1199 sq. ft. |
| Maintenance Fees | $1,055 |
| Locker | Owned |
| Balcony | Open |
| Exposure | South |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $2,674 |
| mls© Number | N13484496 |
| Listed By | SUTTON GROUP-ADMIRAL REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,918
- Property tax
- $223
- Heat allowance
- $150
- Condo fees, half counted
- $527
- Housing costs
- $3,818 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$117,000
gross annual household income
- Payment at 4%
- $2,399 / mo
- Cash down
- $114,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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