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3310 - 18 SPRING GARDEN Avenue
Willowdale East, Toronto
$699,000
In the Vibrant Heart of North York at Yonge & Sheppard. The Unit has Excellent View. Very Bright S.W Corner with 2+1Bed, 2 Full Bath Condo (Platinum XO Gold Medal 1013 Sf). Offering 1013 sq.ft. Very Spacious with Amazingly 2-Large Open West View Walkout Balcony. Open Concept Kitchen with Combining Dining and Living Rm. In the Heart of North York Hwy 401 Nearby, Steps to TTC, Sheppard Centre, Subway, Shopping, Library and Walking distance to North York City Centre, Restaurants, etc. Laminate Flooring Throughout, The Property Offers 24Hr Concierge, Bowling, Theatre, Library, Party Room, Guest Suites, Indoor Pool, Sauna, Gym Etc.
No extras listed.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,578
- Property tax
- $331
- Heat allowance
- $150
- Condo fees, half counted
- $480
- Housing costs
- $4,538 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$140,000
gross annual household income
- Payment at 4%
- $2,942 / mo
- Cash down
- $139,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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