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Listed 2 months ago

306 - 440 Durham Street W

Mount Forest, Wellington North

$359,900

Condo Apartment |
2 | 1 | 1 | 0
About this home

You will be pleasantly surprised by this well maintained and updated 2-bedroom third floor unit with a wonderful southerly exposure. No waiting for the elevator here. Upgraded sound reducing laminate flooring runs from the foyer, kitchen living room along the hall to and through the washroom. The oversized principal bedroom features a large walk-through wardrobe closet which also provides an en suite connection to the washroom. A walk out onto the open-air patio provides a beautiful view. The kitchen is well defined by a half-height wall, thereby providing a good dining area.. Another feature of this move-in ready unit is a large storage room which also accommodates full size laundry appliances. Bonus is the close proximity of the designated parking space to the wheel chair accessible controlled entrance way. This self-managed building has a long history of being well maintained.

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Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age31-50
Size1000-1199 sq. ft.
Maintenance Fees$413
LockerNone
BalconyOpen
ExposureSouth
Parking TypeNone
Parking Spaces1
Parking FeaturesReserved/Assigned
Property Tax$1,958
mls© NumberX13576360
Listed ByColdwell Banker WIN Realty
Common Elements Included
Building Insurance Included
Parking Included

Listing History

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

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$1,842
Property tax
$163
Heat allowance
$150
Condo fees, half counted
$207
Housing costs
$2,362 / mo

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

Down payment20% · $71,980
25-yr amortization

Income needed

$73,000

gross annual household income

Payment at 4%
$1,515 / mo
Cash down
$71,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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