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110 - 1040 The Queensway Avenue
Islington-City Centre West, Toronto
$759,900
2 Storey Loft Style Condo W/ Soaring 17 Ft Floor To Ceiling- Walk-Out W/ Private Terrace. 2 Different Entrances. Upgraded Kitchen With Waterfall Quartz Counter And Breakfast Bar. 2 Ensuite. Den can be used at 3rd bedroom or office. 500 Meters To Gardiner Exp, Minutes To Hwy 427/401/Qew, Ttc Accessible, Cineplex, Ikea, Costco, Sherway Garden Mall, Walmart & Much More. 5 Minute Drive Mimico Go Station.
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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%
- $3,890
- Property tax
- $253
- Heat allowance
- $150
- Condo fees, half counted
- $571
- Housing costs
- $4,863 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$150,000
gross annual household income
- Payment at 4%
- $3,198 / mo
- Cash down
- $151,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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