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406 - 4 Park Vista Drive
O'Connor-Parkview, Toronto
$449,000
Welcome to this bright, spacious and beautifully updated 1-bedroom plus den suite, offering a wonderful combination of comfort, functionality and convenience in a picturesque setting. Freshly painted and move-in ready, this inviting home features a thoughtfully designed layout with two bathrooms, ensuite laundry and a generously sized kitchen complete with full-size appliances and ample space for everyday living. One parking space and a storage locker add to the convenience, while all-inclusive maintenance fees offer exceptional value and peace of mind. Ideally situated alongside the scenic Taylor Creek Park, one of Toronto's largest natural green spaces, residents can enjoy easy access to beautiful walking and cycling trails, lush greenery and the tranquility of nature right at their doorstep. Enjoy the best of both worlds with a peaceful, park-side setting and excellent urban connectivity. Just minutes from Victoria Park Subway Station, Danforth GO Station, shopping, restaurants, schools, banks and everyday essentials, this fantastic location makes commuting and daily living effortless. A wonderful opportunity to enjoy spacious, low-maintenance living surrounded by nature without sacrificing the conveniences of city life!
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,298
- Property tax
- $148
- Heat allowance
- $150
- Condo fees, half counted
- $389
- Housing costs
- $2,985 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$92,000
gross annual household income
- Payment at 4%
- $1,889 / mo
- Cash down
- $89,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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