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New2 hours ago

404 - 130 Neptune Drive

Englemount-Lawrence, Toronto

$379,900

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

Say Hello to A Spacious Blank Canvas! Let your imagination run wild!This generously sized 1,278 sq. ft. two-bedroom, two-bath suite offers an excellent opportunity for someone ready to bring their vision to life. The well-proportioned layout features spacious principal rooms, parquet flooring, a large primary bedroom with a walk-in closet and private 4-piece ensuite, plus a second full bath for guests. The living room opens to a good-sized covered balcony a wonderful spot to enjoy some fresh air and outdoor space. The Laundry room has shelving and room for extra storage. The kitchen has a cozy eat-in area and lots of cupboard space.The building amenities offer an outdoor swimming pool, playground, gym, exercise room, party/meeting room. sauna and visitor parking.While the unit is in need of updating, the space, layout and location provide an excellent foundation for transformation. Offered at an attractive price, this is an opportunity to create a home that truly reflects your own style and needs.The location is hard to beat, with Yorkdale Shopping Centre and Highway 401 just minutes away, along with an impressive array of parks, recreation and outdoor amenities. Baycrest Public School (PK to Grade 8) is just a short walk away, with no need to cross busy streets. Within approximately a 20-minute walk are four playgrounds, an arena, a rink, four tennis courts, a ball diamond, two sports fields, a track, sports court and trails.Plenty of space with lots of potential and a fantastic location An Opportunity to Create Something Special!

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. Age51-99
Size1200-1399 sq. ft.
Maintenance Fees$1,111
LockerExclusive
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,796
mls© NumberC13868688
Listed ByROYAL LEPAGE SIGNATURE REALTY
Heat Included
Water Included
Cable TV Included
CAC Included
Common Elements Included
Building Insurance Included
Parking 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%
$1,945
Property tax
$150
Heat allowance
$150
Condo fees, half counted
$555
Housing costs
$2,800 / mo

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

Down payment20% · $75,980
25-yr amortization

Income needed

$86,000

gross annual household income

Payment at 4%
$1,599 / mo
Cash down
$75,980

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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