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New6 days ago

LPH5 - 39 Galleria Parkway

Commerce Valley, Markham

$668,000

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

Bright and spacious south facing 2 bedroom, 2 bathroom Lower Penthouse Suite filled with natural sunlight. Features high ceiling and an unobstructed view overlooking a beautiful southern park, located in the prime Diamond area at Hwy 7 / Leslie / Bayview in Thornhill Markham. Enjoy large windows and a huge private balcony, along with a modern kitchen equipped with SS Appliances and centre island. Conveniently situated within walking distance to a wide variety of restaurants, and just minutes to public transit, shopping, grocery stores, and major highways. Maintenance fees include water and heat, offering excellent value and helping reduce your monthly carrying costs. Building amenities include 24 hour concierge, gym, sauna, indoor swimming pool, party room, and billiards room. 2 parking spaces (close to elevator) and 1 locker Included.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$712
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces2
Parking FeaturesNone
Property Tax$2,759
mls© NumberN13713014
Listed BySUTTON GROUP REALTY SYSTEMS INC.
Heat Included
Water Included
CAC Included
Building Insurance Included
Parking 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%
$3,419
Property tax
$230
Heat allowance
$150
Condo fees, half counted
$356
Housing costs
$4,155 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $133,600
25-yr amortization

Income needed

$128,000

gross annual household income

Payment at 4%
$2,811 / mo
Cash down
$133,600

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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