| Heat Included | |
| Hydro Included | |
| Water Included | |
| Cable TV Included | |
| CAC Included | |
| Common Elements Included | |
| Building Insurance Included | |
| Parking Included | |
| Condo Taxes Included |
New2 hours ago
1108 - 238 Albion Road
Elms-Old Rexdale, Toronto
$450,000
Condo Apartment |
3 | 2 | 1 | 1
About this home
Recently Renovated Semi Open Concept Spacious Condo With Views Of Golf Course. Upgraded Kitchen Which Overlooks The Dining and Living Room. Large Primary Bedroom With Walk In Closet and 2 Piece Ensuite Washroom. Minutes To Highway 401 And Steps To The TTC. 2 Good Sized Bedroom, Storage and Laundry. 1 Underground Parking Space.
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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
- $75
- Heat allowance
- $150
- Condo fees, half counted
- $540
- Housing costs
- $3,069 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $90,000
25-yr amortization
Income needed
$94,000
gross annual household income
- Payment at 4%
- $1,894 / mo
- Cash down
- $90,000
Assumes no other monthly debts · 25-yr amortization
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