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1405 - 240 Scarlett Road

Rockcliffe-Smythe, Toronto

$579,000

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

Enjoy the Perfect Mix of Comfort and Nature at Lambton Square! * This Well-maintained 2 Bedroom Suite Overlooking The Humber River Features a Thoughtfully Designed Kitchen Complete with Pantry and Breakfast Nook * Spacious Living Areas * Large Primary with 4pc Ensuite * Mannington Engineered Hardwood Flooring in Living, Dining, Hall and Foyer * Walk-out to Oversized Balcony with Serene, Tranquil River and Parkland Views in Every Season * Parking and Locker * Maintenance Fees Include All Utilities, Cable and Internet * Surrounded By Beautifully Manicured Green Space, Humber River, James Gardens, Golf Courses, Walking/Biking Trails, Steps To Transit, 1 Stop To Subway, Close To Major Highway & Airport * 1 km From Eglinton Crosstown Stop Currently Under Construction

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Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$965
LockerExclusive
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,383
mls© NumberW12963620
Listed ByRE/MAX PROFESSIONALS INC.
Heat Included
Hydro Included
Water Included
Cable TV Included
CAC Included
Common Elements Included
Building Insurance Included
Parking 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%
$2,964
Property tax
$199
Heat allowance
$150
Condo fees, half counted
$483
Housing costs
$3,795 / mo

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

Down payment20% · $115,800
25-yr amortization

Income needed

$117,000

gross annual household income

Payment at 4%
$2,437 / mo
Cash down
$115,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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