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New2 hours ago

505 - 2 Old Mill Drive

High Park-Swansea, Toronto

$518,000

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

Welcome to this Elegant Tridel-Built 1-Bedroom Suite in the Prestigious Old Mill Community! Featuring 9-Ft Ceilings, Floor-to-Ceiling Windows, and Quality Finishes Throughout, This Bright and Well-Designed Residence Offers a Comfortable and Sophisticated Living Space. The Modern Kitchen Features Stainless Steel Appliances, Granite Countertops, Breakfast Bar, and Stylish Ceramic Tile Backsplash. The Well-Appointed Bathroom Showcases Premium Porcelain Tile, Marble Countertop, and Upscale Fixtures. Includes 1 Parking Space and 1 Locker for Added Convenience. Enjoy an Exceptional Building with an Impressive Selection of Amenities. Ideally Located Just Steps to Old Mill Subway Station, Bloor West Village, the Humber River, Scenic Walking & Cycling Trails, Shops, Restaurants, and More. Experience the Perfect Combination of Luxury, Convenience, and Nature in One of Toronto's Most Desirable Neighbourhoods!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$759
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,108
mls© NumberW13775206
Listed ByCENTURY 21 LEADING EDGE REALTY INC.
Common Elements Included
Building Insurance 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%
$2,651
Property tax
$259
Heat allowance
$150
Condo fees, half counted
$380
Housing costs
$3,440 / mo

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

Down payment20% · $103,600
25-yr amortization

Income needed

$106,000

gross annual household income

Payment at 4%
$2,180 / mo
Cash down
$103,600

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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