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309 - 234 Albion Road
Elms-Old Rexdale, Toronto
$389,900
Step into this beautifully updated 2-bedroom condo offering a bright, modern living space that's ready to enjoy from day one. The open-concept layout is finished with laminate flooring and complemented by a stylish kitchen featuring custom cabinetry and stainless steel appliances. A renovated bathroom and carpet-free interior add to the clean, contemporary feel throughout. Large windows bring in plenty of natural light, while the private balcony provides a relaxing outdoor space to take in the evening sunset. One underground parking space is included for added convenience. Located close to public transit, schools, Humber River trails, golf courses, the hospital, shopping, and major highways, you'll have easy access to everything you need. Thoughtfully renovated and well located, this is a fantastic opportunity for anyone looking for a comfortable, low-maintenance home with excellent value.
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Listing History
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $1,996
- Property tax
- $69
- Heat allowance
- $150
- Condo fees, half counted
- $486
- Housing costs
- $2,701 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$83,000
gross annual household income
- Payment at 4%
- $1,641 / mo
- Cash down
- $77,980
Assumes no other monthly debts · 25-yr amortization
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