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New3 hours ago

110 - 408 Browns Line

Alderwood, Toronto

$445,000

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

Welcome to Bline Condos at 408 Browns Line! Discover modern living in this bright and spacious1-bedroom suite in the desirable Alderwood community of Etobicoke. This thoughtfully designed suite features a functional open-concept layout with a generous living area, contemporary finishes, and plenty of natural light. Enjoy an exceptional location just minutes from the waterfront, including Marie Curtis Park, Marie Curtis Park Beach, Lakeshore Park, and scenic walking trails. An array of local amenities, including cafés, restaurants, parks, shops, and Sherway Gardens, are all conveniently located nearby. Commuters will appreciate easy access to Highway 427, the QEW/Gardiner Expressway, and TTC public transit, making travel throughout Toronto and surrounding areas convenient. A great opportunity for first-time buyers, professionals, or investors seeking modern living in a desirable and well-connected Etobicoke neighborhood. The unit is currently tenanted, with the lease expiring on September 14, 2027. Monthly rent is $2,350, plus utilities.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$451
LockerOwned
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,535
mls© NumberW14033286
Listed ByROYAL LEPAGE SECURITY REAL ESTATE
Common Elements Included
Building Insurance 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%
$2,278
Property tax
$211
Heat allowance
$150
Condo fees, half counted
$226
Housing costs
$2,865 / mo

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

Down payment20% · $89,000
25-yr amortization

Income needed

$88,000

gross annual household income

Payment at 4%
$1,873 / mo
Cash down
$89,000

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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