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Listed 10 days ago

501 - 7 North Park Road

Beverley Glen, Vaughan

$525,000

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

Welcome to this wonderfully laid out one-bedroom plus den area condo in Thornhill's prestigious Beverly Glen community. This spacious and filled with natural light 728 sq ft unit (largest 1 plus den floor plan in the complex) has unobstructed views with southern exposure and private balcony for outdoor enjoyment. The open kitchen features all appliances and granite counter top. Other features include: an open concept floor plan with a generous living area and versatile den; quality plank flooring; light fixtures throughout; large bedroom offers his and hers closets. One parking included. Enjoy the convenience of nearby park, shopping, schools, restaurants,Synagogue, Promenade Mall, Disera Village, transit, and highways.Extras: Building Amenities: 24 Hour Security, Guest Suite, Indoor Swimming Pool, Sundeck, Whirlpool, Sauna, Fitness Centre, Visitor Parking, Party Room.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$558
LockerNone
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,491
mls© NumberN13828320
Listed ByRE/MAX REALTRON REALTY INC.
Heat Included
Water Included
Cable TV Included
CAC Included
Common Elements Included
Building Insurance Included
Parking 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%
$2,687
Property tax
$208
Heat allowance
$150
Condo fees, half counted
$279
Housing costs
$3,324 / mo

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

Down payment20% · $105,000
25-yr amortization

Income needed

$102,000

gross annual household income

Payment at 4%
$2,209 / mo
Cash down
$105,000

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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