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Junction Area, Toronto
$849,000
Fully renovated freehold townhome in the junction! Skip the condo maintenance fees and own your own Home. This two storey, two bedrooms and 1.5 bathrooms has been thoughtfully renovated throughout. With a brand new kitchen, new flooring, new lighting and new bathrooms and more! (ask for renovation list). Lofty nine foot ceilings add to the bright, open feel. Move-In ready. Includes parking space front yard custom deck. Steps To TTC, Groceries, Clinics, Gyms, Parks, Cafes, Bars and Restaurants, Schools, Library and Public Storage. Ideal for a couple or young family in a vibrant, family-friendly neighbourhood. 8 Minute TTC to Bloor GO/UP Express, Union Station and 18 minute train to Pearson Airport. Close to High Park, Bloor West Village and Stockyards Village.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,346
- Property tax
- $327
- Heat allowance
- $150
- Housing costs
- $4,822 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$148,000
gross annual household income
- Payment at 4%
- $3,573 / mo
- Cash down
- $169,800
Assumes no other monthly debts · 25-yr amortization
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