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New3 hours ago

322 - 859 The Queensway N/A

Stonegate-Queensway, Toronto

$548,000

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

Welcome To 859 The Queensway Suite 322. Ideally Located At Islington Avenue And The Queensway In The Desirable Stonegate-Queensway Community. This Bright And Spacious 2-Bedroom, 1-Bathroom Condo Offers Approximately 790 Sq. Ft. Of Well-Designed Living Space With An Open-Concept Layout. The Kitchen Features Stainless Steel Appliances And Opens Seamlessly Into The Living Area, Creating A Functional Space For Both Everyday Living And Entertaining. Both Bedrooms Offer Large Windows, With The Second Bedroom Featuring A Walkout To The Open Balcony. Enjoy The Convenience Of Ensuite Laundry, Underground Owned Parking And An Owned Locker. Heat, Water, CAC, Building Insurance, Common Elements And Parking Are Included In The Maintenance Fees. Ideally Situated Close To Transit, Shopping, Restaurants, Parks, Schools And All The Amenities Along The Queensway, With Easy Access To Islington Avenue And Major Transportation Routes. A Fantastic Opportunity For First-Time Buyers, Downsizers Or Investors Looking For A Well-Located 2-Bedroom Condo In West Toronto.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$761
LockerOwned
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,755
mls© NumberW13878466
Listed BySALERNO REALTY INC.
Heat Included
Water 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.

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$2,805
Property tax
$230
Heat allowance
$150
Condo fees, half counted
$380
Housing costs
$3,565 / mo

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

Down payment20% · $109,600
25-yr amortization

Income needed

$110,000

gross annual household income

Payment at 4%
$2,306 / mo
Cash down
$109,600

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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