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New3 hours ago

201 - 130 Canon Jackson Drive

Brookhaven-Amesbury, Toronto

$575,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age0-5
Size700-799 sq. ft.
Maintenance Fees$494
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,371
mls© NumberW14130406
Listed BySUTTON GROUP - SUMMIT REALTY INC.
Common Elements Included
Water Included
Building Insurance Included

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,943
Property tax
$198
Heat allowance
$150
Condo fees, half counted
$247
Housing costs
$3,538 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $115,000
25-yr amortization

Income needed

$109,000

gross annual household income

Payment at 4%
$2,420 / mo
Cash down
$115,000

Assumes no other monthly debts · 25-yr amortization

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Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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