| Building Insurance Included | |
| Common Elements Included | |
| CAC Included | |
| Heat Included | |
| Water Included |
New2 hours ago
901 - 16 Brookers Lane
Mimico, Toronto
$478,000
Condo Apartment |
1 | 1 | 1 | 1
About this home
Modern waterfront living at its finest! Located just steps from the boardwalk and lakefront, this bright suite features soaring 9-foot ceilings and a massive private balcony with dual access from both the living room and bedroom. The sleek, open-concept kitchen comes fully equipped with granite countertops and stainless steel appliances. Enjoy resort-style amenities, including an indoor pool, sauna, fully equipped gym, movie theatre, rooftop garden with BBQs, party room, and 24-hour on-site Rabba grocery. Unbeatable location with instant access to transit and a quick drive to the Gardiner Expressway. A must see gem, book your viewing today!
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,447
- Property tax
- $182
- Heat allowance
- $150
- Condo fees, half counted
- $291
- Housing costs
- $3,070 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $95,600
25-yr amortization
Income needed
$94,000
gross annual household income
- Payment at 4%
- $2,012 / mo
- Cash down
- $95,600
Assumes no other monthly debts · 25-yr amortization
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