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New7 hours ago

1601 - 80 Marine Parade Drive

Mimico, Toronto

$549,000

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

Spacious One Bedroom at Luxury Waterfront Building With Breathtaking Lake Views & Large Balcony To Enjoy, You Will Fall In Love With The Location. This Unit Is Clean And Bright With An Efficient Layout And A Very Large Balcony Overlooking ,The Lush Courtyard That Expands Your Living Space . Open Concept , Modern Kitchen, Walk To Many Dining & Entertainment Options, Park, Waterfront, Transit, Easy Access To QEW. Waterfront, Transit,Outstanding Property Features: A Roof Top Bbq, Deck, Yoga, Indoor Pool & Hot Tub, Guest Suites, Theater, Landscape Gardens.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size600-699 sq. ft.
Maintenance Fees$641
LockerOwned
BalconyEnclosed
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,804
mls© NumberW13632662
Listed ByAIMHOME REALTY INC.
CAC Included
Common Elements Included
Heat Included
Building Insurance Included
Parking Included
Water 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%
$2,810
Property tax
$234
Heat allowance
$150
Condo fees, half counted
$320
Housing costs
$3,514 / mo

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

Down payment20% · $109,800
25-yr amortization

Income needed

$108,000

gross annual household income

Payment at 4%
$2,310 / mo
Cash down
$109,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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