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Price Change$598,225

506 - 3220 Sheppard Avenue E

Tam O'Shanter-Sullivan, Toronto

$529,500

Condo Apartment |
1 + 1 | 2 | 1 | 0
About this home

HST incentives of 13% has been credited. This brand-new, never-lived-in with tarion warranty 821 sq. ft. unit offers modern living with an impressive 43 sq. ft. balcony and unobstructed views. The thoughtfully designed Modified Floor Plan features an elegant primary bedroom with double large sliding-door closets and a stylish glass-railing barn door. The spacious second bedroom is generously sized, complete with its own door and sliding-door closet, offering excellent flexibility for a bedroom, home office, or den. Enjoy 1 parking space with the option to purchase a locker. Maintenance fee is $0.67/SF. Not an assignment sale-this is a direct sale from the builder, offering buyers the opportunity to own a pristine, never-occupied unit in this sought-after community. Move-in ready and ideally suited for end-users and investors alike!

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNew
Size800-899 sq. ft.
Maintenance Fees$1
LockerNone
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax---
mls© NumberE13785102
Listed ByDANMAR EMPIRE REAL ESTATE CORP.
CAC Included
Heat Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,710
Property tax (estimated)
$0
Heat allowance
$150
Condo fees, half counted
$0
Housing costs
$2,861 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $105,900
25-yr amortization

Income needed

$88,000

gross annual household income

Payment at 4%
$2,228 / mo
Cash down
$105,900

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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