| Heat Included | |
| Hydro Included | |
| Water Included | |
| Cable TV Included | |
| CAC Included | |
| Common Elements Included | |
| Building Insurance Included | |
| Parking Included |
New4 hours ago
803 - 260 Scarlett Road
Rockcliffe-Smythe, Toronto
$599,000
Condo Apartment |
3 | 2 | 1 | 1
About this home
Corner unit offering ravine sights, with huge balcony overlooking river parkland and partial view of golf course. Picturesque floor-to-ceiling/wall-to-wall window and sliding door offering a spectacular view. New wood floors throughout. Ensuite storage and laundry as well as locker and parking. Photos are virtually staged.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,066
- Property tax
- $211
- Heat allowance
- $150
- Condo fees, half counted
- $555
- Housing costs
- $3,982 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $119,800
25-yr amortization
Income needed
$123,000
gross annual household income
- Payment at 4%
- $2,521 / mo
- Cash down
- $119,800
Assumes no other monthly debts · 25-yr amortization
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