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Listed 5 months ago

502 - 1 Rowntree Road

Mount Olive-Silverstone-Jamestown, Toronto

$559,000

Condo Apartment |
2 | 2 | 1 | 0
About this home

One of the largest corner units offering breathtaking, unobstructed ravine views. This spacious suite features two bedrooms, two full bathrooms, and a highly desirable split layout for added privacy. Enjoy a newly upgraded kitchen with quartz countertops, new laminate flooring, and modern vanities throughout. The bright and open living and dining areas provide the perfect space for relaxing or entertaining.Meticulously maintained and move-in ready. Unbeatable location-close to all amenities including schools, hospital, shopping plaza, Humber College, York University, highways, and scenic hiking and biking trails. Situated in a sought-after gated community with excellent security. Maintenance fees include high-speed internet.Show Stopper!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age31-50
Size1200-1399 sq. ft.
Maintenance Fees$1,112
LockerNone
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,523
mls© NumberW12925822
Listed ByHOMELIFE/MIRACLE REALTY LTD
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.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,861
Property tax
$127
Heat allowance
$150
Condo fees, half counted
$556
Housing costs
$3,694 / mo

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

Down payment20% · $111,800
25-yr amortization

Income needed

$114,000

gross annual household income

Payment at 4%
$2,352 / mo
Cash down
$111,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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