| CAC Included | |
| Common Elements Included | |
| Heat Included | |
| Building Insurance Included | |
| Parking Included | |
| Water Included |

















































1502 - 21 Hillcrest Avenue
Willowdale East, Toronto
$450,000
Corner Unit.Luxury Monarch-Built Building! Extra-Large 1+Den Suite. 745 Sq. Ft. + Balcony! In The Heart Of North York! Great Layout! Spacious & Sun-Filled. Wrap-Around Windows In Living & Dining Room. Brand New SS Appliances In Kitchen! Breakfast Bar And Granite Countertop! Professionally Painted Throughout. Spectacular Picture View, Away From Noise! Well-Maintained & Lovely Unit! Steps To Subway, Mel Lastman Square, Empress Walk, Theatre, Library, Shops, Restaurants, Grocery Stores, Art Centre And The Future T&T Supermarket! Steps To The Lovely Willowdale Park Trail! 24-Hour Concierge, Visitor Parking, Gym, Indoor Pool, Jacuzzi, Sauna, Theatre, Lounge, And Guest Suites.
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%
- $2,303
- Property tax
- $229
- Heat allowance
- $150
- Condo fees, half counted
- $490
- Housing costs
- $3,172 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$98,000
gross annual household income
- Payment at 4%
- $1,894 / mo
- Cash down
- $90,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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