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New6 days ago

1010 - 5 Rowntree Road

Mount Olive-Silverstone-Jamestown, Toronto

$475,000

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

BRIGHT AND SPACIOUS 2 BEDROOM+DEN WITH 2 4PC BATHROOMS WITH VINYL PLANK FLOORING AND FRESH PAINT. THIS MOVE-IN-READY HOME FEATURES AN OPEN-CONCEPT LIVING/DINING AREA WITH STEP-OUTS ONTO 2 PRIVATE BALCONIES (WALK-OUT FROM SOLARIUM AND MASTER BEDROOM). ENJOY THE BEAUTIFUL VIEW OF THE LUSH TREES TO RELAX OR ENTERTAIN. THIS CONDO UNIT HAS 2 CAR PARKING SPOTS AND A LOCKER. THE SUITE ALSO INCLUDES A LARGE WALK-IN LAUNDRY ROOM FOR ADDED CONVENIENCE.THE $1076 MONTHLY FEE COVERS ALL UTILITIES: HEAT, HYDRO, WATER, AIR CONDITIONING, PLUS CABLE AND HIGH-SPEED INTERNET. ENJOY FANTASTIC AMENITIES: THIS CONDO OFFERS INDOOR/OUTDOORPOOLS, GYM, SAUNA, TENNIS/SQUASH COURTS, GAMES AND PARTY ROOMS, BBQ AREA, PLAYGROUND, AND GATED SECURITY. CONVENIENTLY LOCATED NEAR TTC, LRT, SHOPS, SCHOOLS, AND THE LIBRARY, PLUS IN CLOSE PROXIMITY TO YORK UNIVERSITY, HUMBER COLLEGE, PERASON INTERNATIONAL AIRPORT, AND HIGHWAY407.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$1,077
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces2
Parking FeaturesNone
Property Tax$1,486
mls© NumberW13884956
Listed ByROYAL LEPAGE IGNITE REALTY
Heat Included
Hydro Included
Water Included
Cable TV Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

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  • 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%
$2,431
Property tax
$124
Heat allowance
$150
Condo fees, half counted
$538
Housing costs
$3,244 / mo

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

Down payment20% · $95,000
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$1,999 / mo
Cash down
$95,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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