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211 - 155 Downsview Park Boulevard
Downsview-Roding-CFB, Toronto
$698,000
Great opportunity to own a beautifully designed 2 bedroom unit in Downsview Park area. Built by renowned Mattamy homes, "Parkside Towns at Saturday" townhome has many reasons why people want to move in here. Contemporary/modern design, with a functional layout and the serene, open pond view will bring a joy and comfort. Conveniently located for dining, shopping, banking, grocery shopping and many more .... Easy daily commute by TTC regional bus routes and nearby subway. Minutes to 401 provides a quick highway accessibility and to 400 and Allen Expressway. Steps to 600 - acre Downsview park. Beautifully lush Green spaces and walking trails.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,573
- Property tax
- $268
- Heat allowance
- $150
- Condo fees, half counted
- $344
- Housing costs
- $4,335 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$133,000
gross annual household income
- Payment at 4%
- $2,937 / mo
- Cash down
- $139,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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