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New3 hours ago

4203 - 1 Palace Pier Court

Mimico, Toronto

$1,650,000

Condo Apartment |
2 | 3 | 2 | 1
About this home

Magnificent Palace Place! This large and spacious 2028 sqft 2 bedroom split plan with 2 full baths and a powder room offers spectacular east, south and west views of Lake Ontario, Toronto Skyline and Marina. 1st Class amenities! Easy access to highways, airports, dining, shops and Marting Goodman Trail.

Extras

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Got questions?

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size2000-2249 sq. ft.
Maintenance Fees$2,442
LockerOwned
BalconyNone
ExposureSouth
Parking TypeUnderground
Parking Spaces2
Parking FeaturesUnderground
Property Tax$6,568
mls© NumberW13872612
Listed ByRE/MAX PROFESSIONALS INC.
Heat Included
Hydro 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

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$8,445
Property tax
$547
Heat allowance
$150
Condo fees, half counted
$1,221
Housing costs
$10,364 / mo

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

Down payment20% · $330,000
25-yr amortization

Income needed

$319,000

gross annual household income

Payment at 4%
$6,943 / mo
Cash down
$330,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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Comparable sales

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