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New5 days ago

1306 - 8010 Derry Road

1028 - CO Coates, Milton

$399,999

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

Calling all first time home buyers, downsizers and investors! This modern 1+1 bedroom and 2 bathroom unit at the new Connectt Condominiums in the heart of Milton offers a functional layout and thoughtful living lifestyle. Enjoy an open-concept floorplan with 622 sqft of space including a balcony with unobstructed views. Engineered hardwood floors, freshly painted interiors, in suite laundry and large windows providing abundant natural light are just a few of the exceptional features. A contemporary kitchen boasts upgraded stainless steel appliances, quartz counters and modern finishes. The primary bedroom is bright, spacious and showcases a 4 piece ensuite while a separate powder room adds extra convenience. The den provides the flexibility of a home office, second bedroom or additional living space. The unit includes 1 underground parking space and 1 locker. Enjoy access to the luxury amenities including concierge services, an outdoor pool, rooftop terrace, fully equipped, fitness centre, party room, lounge areas, pet spa, bike storage and more. Conveniently located close to highways, public transit, shopping, restaurants, schools and all that Milton has to offer. Enjoy the convenience of contemporary living in a highly desirable location.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$472
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,379
mls© NumberW13842320
Listed ByRoyal LePage Frank Real Estate
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%
$2,047
Property tax
$198
Heat allowance
$150
Condo fees, half counted
$236
Housing costs
$2,631 / mo

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

Down payment20% · $80,000
25-yr amortization

Income needed

$81,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$80,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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