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New4 hours ago

216 - 408 Browns Line

Alderwood, Toronto

$530,000

Condo Apartment |
1 + 1 | 1 | 1 | 0
About this home

Welcome to Bline Condos at 408 Browns Line! Discover modern living in this bright and spacious1+Den condominium located in the desirable Alderwood community of Etobicoke. This thoughtfully designed suite features an open-concept layout with a generous living area and a versatile den, perfect for a home office, study, or guest space. Enjoy an unbeatable location just minutes from the waterfront, including Marie Curtis Park, Marie Curtis Park Beach, Lakeshore Park, and scenic walking trails. A variety of everyday amenities are right at your doorstep, with cafés, restaurants, parks, shops, and Sherway Gardens all conveniently accessible by foot or a short drive. Commuters will appreciate easy access to Highway 427, the QEW/Gardiner Expressway, and TTC public transit, providing convenient connections throughout Toronto and surrounding areas. A fantastic opportunity for first-time buyers, professionals, or investors looking to enjoy modern condo living in a well-connected Etobicoke neighborhood. The unit is currently tenanted, with the lease expiring on September 14, 2027. Monthly rent is $2,500.00, plus utilities.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$572
LockerNone
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,424
mls© NumberW14033306
Listed ByROYAL LEPAGE SECURITY REAL ESTATE
Common Elements Included
Building Insurance 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%
$2,713
Property tax
$285
Heat allowance
$150
Condo fees, half counted
$286
Housing costs
$3,434 / mo

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

Down payment20% · $106,000
25-yr amortization

Income needed

$106,000

gross annual household income

Payment at 4%
$2,230 / mo
Cash down
$106,000

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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