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New6 days ago

1607 - 1 Rowntree Road

Mount Olive-Silverstone-Jamestown, Toronto

$510,000

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

Beautifully Upgraded modern 2 Bedroom 2 Full Bath 2 Parking Condo Unit W/Gorgeous Ravine, River View, Solarium, Ensuite Laundry. Primary bedroom W/Ensuite, W/O To Balcony. Open Concept Liv/Din Room, Family Sized Kitchen W/O To Solarium. Great location with easy access to TTC routes, including direct bus service to Kipling Subway Station, Pioneer Village Station, and nearby transit. Just minutes from Albion Mall, grocery stores, popular restaurants, Humber College, schools, parks, and all essential amenities. Amenities: Security, Indoor Pool, Gym, Library, Tennis Court, Sauna, Game Rm

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$1,117
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces2
Parking FeaturesNone
Property Tax$1,525
mls© NumberW13884576
Listed ByHOMELIFE MAPLE LEAF REALTY LTD.
Cable TV Included
CAC Included
Heat Included
Building Insurance Included
Parking Included
Water 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%
$2,610
Property tax
$127
Heat allowance
$150
Condo fees, half counted
$558
Housing costs
$3,446 / mo

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

Down payment20% · $102,000
25-yr amortization

Income needed

$106,000

gross annual household income

Payment at 4%
$2,146 / mo
Cash down
$102,000

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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