| Water Included | |
| CAC Included | |
| Common Elements Included | |
| Building Insurance Included | |
| Parking Included |
New6 days ago
308 - 5508 Yonge Street NE
Willowdale West, Toronto
$535,000
Condo Apartment |
2 | 2 | 1 | 1
About this home
Location, W/Wrap Around Large Balcony Off Yonge Side, Open-Concept 2 Bedroom, 2 Washroom, Overlooking Inner Corner Unit On Yonge Street In The Heart Of North York! Steps To TTC Subway (Finch Station), Go Bus Terminal, Shoppers Drug Mart, Restaurants. Easy 401 Access. Parking & Locker Included. Party Room, Exercise Room, Virtual Golf, Theater Room, Billiard, Business Center 24 Hours Concierge Security. Property, Fixtures, and Chattels Are Being Sold in "As Is, Where Is" Condition. The Seller Make No Representations or Warranties Regarding the Property.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,738
- Property tax
- $253
- Heat allowance
- $150
- Condo fees, half counted
- $327
- Housing costs
- $3,468 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $107,000
25-yr amortization
Income needed
$107,000
gross annual household income
- Payment at 4%
- $2,251 / mo
- Cash down
- $107,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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