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Listed 2 months ago

1707 - 1455 LAWRENCE Avenue W

Brookhaven-Amesbury, Toronto

$400,000

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

Welcome to 1455 Lawrence Ave. West. Convenient walking location to schools, groceries and Amesbury Park. This North York Condo features spacious rooms ad East facing large covered balcony. Perfect for first-time buyers or empty nesters looking to avoid yard work. This two bedroom unit is both bright and spacious, open concept living room/dining room is ideal for entertaining and family get togethers. Keep the gleaming vintage parquet floor or update this unit to your choice over time with some light personal touches. One underground parking spot included and storage locker on the same level of the unit. Maintenance cover heat, hydro & water. Opportunity to get off your landlords payroll.

Extras

No extras listed.

TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$904
LockerExclusive
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,734
mls© NumberW13456498
Listed ByRE/MAX HALLMARK CHAY REALTY
Heat Included
Hydro Included
Water Included
Cable TV Included
Building Insurance Included
Common Elements 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%
$2,047
Property tax
$145
Heat allowance
$150
Condo fees, half counted
$452
Housing costs
$2,794 / mo

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

Down payment20% · $80,000
25-yr amortization

Income needed

$86,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$80,000

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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