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| Heat Included | |
| Building Insurance Included | |
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2708 - 55 Regent Park Boulevard
Regent Park, Toronto
$599,900
Bright and inviting 2-bedroom suite in the heart of downtown Toronto. The unit features high 9 ft ceilings, floor-to-ceiling windows and a walk out to an open balcony with impeccable city views. Enjoy a functional split bedroom layout, open-concept living and dining area, sleek kitchen with stainless steel appliances, 2 good-sized bedrooms and 2 full bathrooms. The unit also includes 1 underground parking space, an exclusive locker space and exceptional building amenities including concierge, party/meeting room, sauna, BBQ area, squash/racquet court, visitor parking and more. Situated in downtown Toronto with an almost perfect 98/100 Walk Score, in close proximity to the TMU campus, Eaton Centre, transit and everyday amenities.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,071
- Property tax
- $252
- Heat allowance
- $150
- Condo fees, half counted
- $352
- Housing costs
- $3,824 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$118,000
gross annual household income
- Payment at 4%
- $2,524 / mo
- Cash down
- $119,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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