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Price Change$500,000

1108 - 238 Albion Road

Elms-Old Rexdale, Toronto

$475,000

Condo Apartment |
3 | 2 | 1 | 1
About this home

Recently Renovated Semi Open Concept Spacious Condo With Views Of Golf Course. Upgraded Kitchen Which Overlooks The Dining and Living Room. Large Primary Bedroom With Walk In Closet and 2 Piece Ensuite Washroom. Minutes To Highway 401 And Steps To The TTC. 2 Good Sized Bedroom, Storage and Laundry. 1 Underground Parking Space.

Extras

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age31-50
Size1000-1199 sq. ft.
Maintenance Fees$1,081
LockerEnsuite
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesSurface
Property Tax$902
mls© NumberW13453418
Listed ByiCloud Realty Ltd.
Heat Included
Hydro Included
Water Included
Cable TV Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included
Condo Taxes 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%
$2,431
Property tax
$75
Heat allowance
$150
Condo fees, half counted
$540
Housing costs
$3,197 / mo

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

Down payment20% · $95,000
25-yr amortization

Income needed

$98,000

gross annual household income

Payment at 4%
$1,999 / mo
Cash down
$95,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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