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New3 hours ago

515 - 25 Neighbourhood Lane

Stonegate-Queensway, Toronto

$589,000

Condo Apartment |

2 + 1 | 2 | 1 | 1

About this home

2 Bedroom + Large Den, Open Concept Floor Plan with lots of Natural Light and Floor to Ceiling Windows. 9Ft Ceilings with East Facing Views from your Spacious Balcony. 828 interior living space with 98sqft balcony for a total of 926sqft of functional living space. Enjoy these Elegant Finishes in a Cozy Boutique Low Rise Condominium. Amenities include: Roof Top Terrace, Party Room, Guest Suites, BBQ area, Fitness Center. Steps to Public Transit, Major Highways, Restaurants, Shopping, Humber River, Waterfront. Minutes from Go Station and Old Mill Subway Station.

Extras

No extras listed.

Type	Condo Apartment
Style	Apartment
Approx. Age	Not available
Size	800-899 sq. ft.
Maintenance Fees	$753
Locker	Owned
Balcony	Open
Exposure	East
Parking Type	Underground
Parking Spaces	1
Parking Features	None
Property Tax	$2,843
mls© Number	W13629828
Listed By	RE/MAX PREMIER INC.

Heat Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

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%: $3,015
Property tax: $237
Heat allowance: $150
Condo fees, half counted: $377
Housing costs: $3,778 / mo

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

Down payment20% · $117,800

Interest rate (%)

25-yr amortization

Income needed

$116,000

gross annual household income

Payment at 4%: $2,479 / mo
Cash down: $117,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Listing History

No recent sale history for this listing.

No recent lease history for this listing.

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