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Listed 16 days ago

501 - 60 Stevenson Road

Mount Olive-Silverstone-Jamestown, Toronto

$449,000

Condo Apartment |
3 | 2 | 1 | 0
About this home

Rare Clearance Opportunity! Largest 1,260 Sq.Ft. 3-Bedroom Corner Suite at 60 Stevenson Rd. Offers the footprint of a bungalow with condo convenience. Features a massive open-concept living/dining area, large balcony, king-sized primary bedroom, and 1.5 baths. Steps to Stevenson Station (Line 6 LRT), Humber College, Hospital, and Albion Mall. Perfect 'blank canvas' for investors, flippers, or buyers looking to build instant equity. Select interior photos have been Virtually Decluttered/Staged to showcase the layout potential. Laminate, Kitchen tiles, and cabinets in good condition. Sold strictly 'As-Is'-priced for an immediate sale

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$775
LockerNone
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,244
mls© NumberW13842578
Listed ByRE/MAX REALTY SERVICES INC.
Heat Included
Water Included
Common Elements Included
Building Insurance Included
Parking Included
Cable TV Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,298
Property tax
$104
Heat allowance
$150
Condo fees, half counted
$388
Housing costs
$2,939 / mo

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

Down payment20% · $89,800
25-yr amortization

Income needed

$90,000

gross annual household income

Payment at 4%
$1,889 / mo
Cash down
$89,800

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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