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8 - 630 Greenwood Avenue
Greenwood-Coxwell, Toronto
$479,000
Welcome To Platform Condos In The Heart Of The Danforth! This Premium 1+1 Bedroom Boutique Condo Offers The Perfect Blend Of Modern City Living & A Strong Sense Of Community. Featuring A Highly Functional & Bright Layout, High-End Finishes, Floor-To-Ceiling Windows, And A Spacious Open Terrace. The Generous Den Is Perfect For A Home Office Or Guest Space. Unbeatable Transit & Daily Convenience: Just Steps To Greenwood Subway Station, LCBO, Grocers, Diverse Restaurants, Gas Stations, & Top-Tier Secondary Schools. Building Amenities Include A Spectacular 9th-Floor Rooftop Deck/Garden With Skyline Views, Fitness Centre, Games Room, & Visitor Parking. An Absolute Must-See Home Dynamic Enough For First-Time Buyers, Professionals, & Investors Alike!
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,452
- Property tax
- $217
- Heat allowance
- $150
- Condo fees, half counted
- $315
- Housing costs
- $3,134 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$96,000
gross annual household income
- Payment at 4%
- $2,016 / mo
- Cash down
- $95,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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