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New2 days ago

2232A - 125 Omni Drive

Bendale, Toronto

$488,000

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

All Elfs, Fridge, Stove, Washer, Dryer, Sakura Exhaust Hood, B/I Dishwasher (All Appliances are "As Is" Condition), All Existing Window Coverings And One Parking, Move-In Condition

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size700-799 sq. ft.
Maintenance Fees$798
LockerNone
BalconyNone
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,564
mls© NumberE13854884
Listed ByCONNECTION ELITE REALTY INC.
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance 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 actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,498
Property tax
$214
Heat allowance
$150
Condo fees, half counted
$399
Housing costs
$3,261 / mo

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

Down payment20% · $97,600
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$2,054 / mo
Cash down
$97,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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