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402 - 50 Lotherton Pathway
Yorkdale-Glen Park, Toronto
$399,900
NEWLY RENOVATED FOUR BEDROOM CONDO WITH ENSUITE LAUNDRY , ENSUITE LOCKER,AMAZING LOCATION CLOSE TO UPCOMING EGLINTON/CALEDONIA SUBWAY AND ALL AMENITIES,MAIN MALLS,SHOPPING,TTC AT DOOR STEP,SUMMER/INDOOR POOL,TENNIS,BASKETBALL FACILITIES **EXTRAS** AMAZING LOCATION CLOSE TO ALL AMENITIES,CONDO FEES INCLUDE ALL UTILITIES,TTC AT DOOR STEP,YORKDALE MALL,HOME DEPOT,WALTMART AND MUCH MORE.
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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%
- $2,047
- Property tax
- $97
- Heat allowance
- $150
- Condo fees, half counted
- $447
- Housing costs
- $2,741 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$84,000
gross annual household income
- Payment at 4%
- $1,683 / mo
- Cash down
- $79,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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