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238 - 35 Viking Lane
Islington-City Centre West, Toronto
$450,000
Welcome to 35 Viking Lane! Your new home puts you a 5 to 7 minute walk from Kipling Station, with GO, TTC and MiWay transit all within reach. For getting around the city, the location is hard to beat.Inside is a bright 1+1 unit with roughly 760 square feet of open concept living. The kitchen, dining and living areas flow together, and the kitchen has a proper island, ample counter space and full appliances. The den sits behind French doors, working as a real home office or second bedroom. The primary bedroom has a walk-in closet, and the private balcony is a good spot to unwind.The unit includes an owned parking spot and a separate storage locker.The building offers an indoor pool and hot tub, a well equipped gym, a golf simulator, a movie room, a library and card room, and guest suites for visitors.
No extras listed.
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Listing History
Schools
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,303
- Property tax
- $247
- Heat allowance
- $150
- Condo fees, half counted
- $322
- Housing costs
- $3,022 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$93,000
gross annual household income
- Payment at 4%
- $1,894 / mo
- Cash down
- $90,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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