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New6 days ago

1017 - 100 Mornelle Court

Morningside, Toronto

$449,995

Condo Townhouse |
2 | 2 | 1 | 0
About this home

Beautifully renovated 2 story condo townhouse offers spacious, carpet free 2+1 bedroom, 2 full washrooms. Pot lights with remote access enhance the home's contemporary appeal. Appliances include a refrigerator, cooktop stove, dishwasher, microwave, washer, and dryer. Maintenance fee of $794.63 includes water and offers amenities including an indoor swimming pool, sauna, gym, party room, common laundry room, and ample guest parking. *For Additional Property Details Click The Brochure Icon Below*

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Townhouse
Style2-Storey
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$795
LockerNone
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,176
mls© NumberE13838004
Listed ByICI SOURCE REAL ASSET SERVICES INC.
Water Included
Common Elements Included
Parking Included

Listing History

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  • No recent lease history for this listing.

Schools

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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
$98
Heat allowance
$150
Condo fees, half counted
$397
Housing costs
$2,949 / mo

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

Down payment20% · $89,999
25-yr amortization

Income needed

$91,000

gross annual household income

Payment at 4%
$1,894 / mo
Cash down
$89,999

Assumes no other monthly debts · 25-yr amortization

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Investment Analysis

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