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New3 hours ago

318 - 402 The East Mall Drive

Islington-City Centre West, Toronto

$769,900

Condo Townhouse |
2 | 2 | 1 | 1
About this home

A rare Power of Sale! opportunity in one of Etobicoke most convenient and fast-growing communities. This modern 1,176 sq. ft. townhouse-style condo is offered As Is, Where Is and delivers exceptional value for both investors and first-time buyers. Featuring two self-contained one-bedroom units, each with a full kitchen, the property offers unique flexibility live in one and rent the other to offset your mortgage. Enjoy a private balcony, underground parking and locker, and a spacious, functional layout. Ideally located with quick access to Hwy 427, QEW, Gardiner Expressway, and major transit routes, and only minutes from Cloverdale Mall, Sherway Gardens, parks, schools, and everyday conveniences. Seller is open to providing vendor take-back financing, making this a smart and attractive opportunity.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Townhouse
StyleMulti-Level
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$586
LockerExclusive
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$4,266
mls© NumberW14137282
Listed ByCPPI REALTY INC.
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$3,941
Property tax
$356
Heat allowance
$150
Condo fees, half counted
$293
Housing costs
$4,739 / mo

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

Down payment20% · $153,980
25-yr amortization

Income needed

$146,000

gross annual household income

Payment at 4%
$3,240 / mo
Cash down
$153,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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