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107 - 25 neighborhood Lane
Stonegate-Queensway, Toronto
$659,000
Welcome to 25 Neighborhood Lane The Queensview backyard condos. This rare 2 bed 2 bath unit has a lot to offer. With 10 feet high ceilings and open concept making it feel spacious. Lots of windows and natural light throughout. Ground floor corner unit with a private side door entrance to the open concept balcony wrapping around the condo with beautiful scenic views. The unit features sleek stainless steel appliances, modern cabinetry with quartz countertops, laminate flooring throughout, walk in closets.1 parking spot included. Surrounded by lots of shops, grocery stores, dining and entertainment within walking distance to lakeshore waterfront. Right around the corner is Humber Bay boat launch and yacht club for all the water lovers. Lots of parks and hiking trails close by. Amenities include a gym, party room, guest suites, 24 / 7 security, concierge, Pet grooming, and visitor parking. 1 parking spot and 1 locker comes with unit.
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Listing History
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,373
- Property tax
- $260
- Heat allowance
- $150
- Condo fees, half counted
- $381
- Housing costs
- $4,164 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$128,000
gross annual household income
- Payment at 4%
- $2,773 / mo
- Cash down
- $131,800
Assumes no other monthly debts · 25-yr amortization
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