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Listed 2 months ago

605 - 830 Megson Terrace

1038 - WI Willmott, Milton

$899,999

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

A top floor corner unit with a stunning view of the escarpment. The unit features a spacious balcony, 3 fully legal bedrooms and 2 full bathrooms. Let's not forget the added laundry room with built in wash sink. To top it all off there are 2 underground parking spots that are side by side just steps from the elevator. One parking spot has roughed in wiring for a vehicle charger. This unit is perfect for down-sizers or someone who wants the space of a small home with out all the extra maintenance. The condo fees are incredibly low based on the units size thanks to all the green features the building has such as solar panels, geothermal heating and cooling, a grey water system and the superior insulated roof and ICF (insulated concrete forms) walls. This unit is quiet and self contained from your neighbour's and the outside world and move in ready.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size1400-1599 sq. ft.
Maintenance Fees$566
LockerOwned
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces2
Parking FeaturesNone
Property Tax$3,755
mls© NumberW13472546
Listed ByREVEL REALTY INC.
Common Elements Included

Listing History

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  • 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%
$4,607
Property tax
$313
Heat allowance
$150
Condo fees, half counted
$283
Housing costs
$5,353 / mo

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

Down payment20% · $180,000
25-yr amortization

Income needed

$165,000

gross annual household income

Payment at 4%
$3,787 / mo
Cash down
$180,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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