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316 - 1210 Don Mills Road
Banbury-Don Mills, Toronto
$680,000
Desirable Windfield Terrace! Well-maintained, low-rise complex with beautiful grounds and gardens. Privacy and safety. 24/7 security/concierge. Much sought-after spacious 1,127 sq. ft., 2-bedroom, 2 washroom condo with formal dining room and open balcony overlooking lovely garden and pool. Hotel-like amenities. Squash/racquetball court, gym, billiard room, outdoor pool, party room, library, bike storage, car wash, ample parking for visitors, social director desk, and more. Steps to Shops at Don Mills, TTC, fine restaurants, parks, library, Shoppers Drug Mart, Starbucks, Tim Hortons, and more. Short walk to Edwards Gardens, parks, parkettes and Don Mills walking trail. Easy access to highways. Maintenance fee includes water, heat, hydro, cable TV and internet, central air, parking, common elements and building insurance.
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%
- $3,481
- Property tax
- $304
- Heat allowance
- $150
- Condo fees, half counted
- $602
- Housing costs
- $4,537 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$140,000
gross annual household income
- Payment at 4%
- $2,862 / mo
- Cash down
- $136,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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