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Listed 2 months ago

2005 - 215 Sherway Gardens Road

Islington-City Centre West, Toronto

$499,990

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

Welcome to 215 Sherway Gardens Unit 2005, this Bright & Spacious Bachelor/Bachelorette Unit features an open concept and functional floor plan with a modern eat in kitchen, s/s appliances, en-suite laundry room, Appx 595 Sq Ft, 1 parking, 1 locker, Spacious 1 Bedroom, 1 Bath, laminate floors throughout, large open balcony, ideal for investors or first time buyers looking to enter the market in a stunning location. Floor to ceiling windows, very secure condo building with lots of safety features. Condo Amenities: include an indoor pool, hot tub, steam room, gym, party room, visitor parking, & 24-hour concierge. Excellent Etobicoke location, located just steps from Sherway Gardens, with TTC access at your door step, scenic trails for jogging or walking, and major highways to access Downtown. Maintenance Fees Include: Building Insurance, Parking, Water, Heat, Common Elements - Only Hydro Separate!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age11-15
Size500-599 sq. ft.
Maintenance Fees$350
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,900
mls© NumberW13428978
Listed ByCENTURY 21 PEOPLE`S CHOICE REALTY INC.
CAC Included
Common Elements Included
Heat Included
Building Insurance Included
Parking Included
Water 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%
$2,559
Property tax
$158
Heat allowance
$150
Condo fees, half counted
$175
Housing costs
$3,043 / mo

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

Down payment20% · $99,998
25-yr amortization

Income needed

$94,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$99,998

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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