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New5 days ago

807 - 40 Panorama Court

Mount Olive-Silverstone-Jamestown, Toronto

$415,000

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

Rare Opportunity in Prime Etobicoke! Welcome to this bright, spacious, and functional 2-bedroom, 1-bathroom condominium apartment situated in one of Etobicoke's most vibrant and high-demand neighborhoods. Perfect for first-time homebuyers, downsizers, or savvy investors seeking exceptional value and high returns, this unit boasts UNBEATABLE CARRYING COSTS WITH ANNUAL PROPERTY TAXES UNDER $500/YEAR! Step into a beautifully designed layout featuring seamless laminate flooring throughout and an abundance of natural light. The combined living and dining area provides a versatile space for everyday living and entertaining, with a seamless walkout to a large open balcony ideal for relaxing or enjoying outdoor views. The upgraded kitchen is a delight, complete with quartz countertops, ample cabinet space, and great finishes. Both bedrooms are generously sized, with the primary bedroom featuring a walk-in closet for ultimate convenience. The unit is equipped with hookups ready for ensuite laundry and includes 1 secure underground parking space. Residents enjoy access to top-tier building amenities, including a fully equipped fitness gym, an indoor pool, a games room, an outdoor tennis court and two expansive party rooms for special occasions. Unmatched location with superior transit access! Step out your door to the TTC, and enjoy immediate connectivity to the NEW Finch West LRT and major GTA highways. Walking distance to Albion Mall, shopping plazas, top schools, public libraries, parks, places of worship, and everyday essentials. Move-in ready with ultra-low overhead costs in a thriving location. A must-see gem-book your private tour today!

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age31-50
Size1000-1199 sq. ft.
Maintenance Fees$640
LockerNone
BalconyEnclosed
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$499
mls© NumberW13621410
Listed ByHOMELIFE/MIRACLE REALTY LTD
Heat Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,124
Property tax
$42
Heat allowance
$150
Condo fees, half counted
$320
Housing costs
$2,636 / mo

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

Down payment20% · $83,000
25-yr amortization

Income needed

$81,000

gross annual household income

Payment at 4%
$1,746 / mo
Cash down
$83,000

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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