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Listed 2 months ago

703 - 25 Neighbourhood Lane

Stonegate-Queensway, Toronto

$679,900

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

Experience urban living at its finest in this pristine 2-bed + den condo. Nestled at 25 Neighbourhood Lane, this gem offers a spacious layout of almost 1000 sq ft and 9 ft ceilings. Natural light floods the space, complementing the laminate floors and custom blinds, creating an inviting ambiance. The kitchen is a masterpiece of modern design, featuring stainless steel appliances, sleek quartz countertops, and a stylish tile backsplash. The primary bedroom boasts an ensuite and walk-in closet, while the 2nd bedroom and den provide versatile spaces for work or relaxation. Building perks include a fully equipped gym, chic party room, guest suites, and outdoor BBQ area for summer enjoyment. With public transport, shops, dining, parks, and trails nearby, convenience is your constant companion. Make this immaculate condo your urban haven. Great opportunity for professionals, up sizers, downsizers, and investors. The current tenants have maintained the property exceptionally well and have a track record of on-time rent payments. For investors seeking immediate income, tenancy details and payment records are available upon request. Vacant possession may also be available.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$817
LockerNone
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,386
mls© NumberW13458926
Listed ByRE/MAX METROPOLIS REALTY
Building Insurance Included
Common Elements 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%
$3,480
Property tax
$282
Heat allowance
$150
Condo fees, half counted
$409
Housing costs
$4,321 / mo

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

Down payment20% · $135,980
25-yr amortization

Income needed

$133,000

gross annual household income

Payment at 4%
$2,861 / mo
Cash down
$135,980

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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