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New5 days ago

1609 - 41 Markbrook Lane

Mount Olive-Silverstone-Jamestown, Toronto

$399,000

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

ATTENTION RENOVATORS, INVESTORS & VALUE-SEEKING BUYERS ! Spacious 2-bedroom, 2-bathroom corner suite offering excellent potential in a highly convenient location. Property requires renovations and is being sold in "as-is" condition. Priced to sell renovate to your taste, move in, or improve for investment potential. Bright functional layout, ensuite laundry, and primary bedroom with 3-pc ensuite. TTC at the door; minutes to Humber College, York University, Hwy 407, shopping, banks and groceries. Building amenities include indoor pool, sauna, gym, squash court, billiards and more. BUY, RENOVATE & BUILD VALUE

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age31-50
Size900-999 sq. ft.
Maintenance Fees$513
LockerNone
BalconyNone
ExposureSouth East
Parking TypeNone
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,403
mls© NumberW13715670
Listed ByRE/MAX COMMUNITY REALTY INC.
Water 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.

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%
$2,042
Property tax
$117
Heat allowance
$150
Condo fees, half counted
$257
Housing costs
$2,566 / mo

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

Down payment20% · $79,800
25-yr amortization

Income needed

$79,000

gross annual household income

Payment at 4%
$1,679 / mo
Cash down
$79,800

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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