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Clairlea-Birchmount, Toronto
$799,000
Beautiful end-unit freehold townhouse in a highly convenient Scarborough location! This solid, sun-filled 3-story home features a spacious 3+1 bedroom and 4-bath layout, perfectly suited for large and growing families. The main level boasts a seamless open-concept design combining the family & dining areas, plus a functional kitchen complete with a breakfast bar, ideal for casual dining. Enjoy outdoor living with a nice open patio/terrace and an lovely side yard featuring a dedicated BBQ area. Parking is a breeze with a 2-car tandem built-in garage no driveway, and there is no sidewalk, you can say goodbye to winter snow shoveling! Perfectly situated just steps from parks, a kids' playground, nearby subway stations, and the new Eglinton Crosstown LRT. Move in & Enjoy!
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,090
- Property tax
- $402
- Heat allowance
- $150
- Housing costs
- $4,641 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$143,000
gross annual household income
- Payment at 4%
- $3,362 / mo
- Cash down
- $159,800
Assumes no other monthly debts · 25-yr amortization
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