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Listed 2 months ago

704 - 1 Emerald Lane

Crestwood-Springfarm-Yorkhill, Vaughan

$570,000

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

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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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$1,055
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,674
mls© NumberN13484496
Listed BySUTTON GROUP-ADMIRAL REALTY INC.
Heat Included
Common Elements Included
Building Insurance Included
Water Included
Parking Included
CAC Included

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.

Down payment20% · $114,000
25-yr amortization

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 check

Investment Analysis

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

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