| Building Insurance Included | |
| Heat Included | |
| CAC Included |
New2 hours ago
120 - 50 George Butchant Drive
Downsview-Roding-CFB, Toronto
$559,999
Condo Apartment |
2 | 2 | 1 | 1
About this home
Very Good Layout, High Ceiling 9 foot ceiling, large Terrace, and garden view, Location - Close to Hwy, Shopping and all Amenities, Fresh painted and very clean
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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%
- $2,866
- Property tax
- $202
- Heat allowance
- $150
- Condo fees, half counted
- $321
- Housing costs
- $3,539 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $112,000
25-yr amortization
Income needed
$109,000
gross annual household income
- Payment at 4%
- $2,357 / mo
- Cash down
- $112,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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