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1704 - 240 Scarlett Road
Rockcliffe-Smythe, Toronto
$609,000
Welcome to Unit #1704 in the highly sought-after Lambton Square! From the moment you step inside, you're greeted by breathtaking panoramic views over the Humber River and lush parkland-complete with a glimpse of the Toronto skyline and CN Tower.This well designed condo features 3 spacious bedrooms and 2 full bathrooms. The large light-filled sunken living room boasts an expansive window and a walk-out to a generous private balcony, perfect for taking in the scenery. The open concept layout connects the dining area and kitchen to the living room, allowing you to enjoy scenic views right from your kitchen table.The primary bedroom offers a comfortable retreat with a private ensuite featuring a luxurious walk-in bathtub. The main bathroom includes a large walk-in shower.The oversized parking spot is conveniently located close to condo entrance in the underground parking area. Situated in a quiet, beautifully maintained complex with landscaped grounds and walking and seating areas.. Amenities include an outdoor pool, sundeck, gym, social room, car wash station. Unbeatable Location: Nature lovers will love the access to hiking and biking trails along the Humber River. Just steps to TTC transit, close to the Eglinton Crosstown LRT, with quick access to major highways and Toronto Pearson Airport. Don't miss out!
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,117
- Property tax
- $209
- Heat allowance
- $150
- Condo fees, half counted
- $529
- Housing costs
- $4,004 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$123,000
gross annual household income
- Payment at 4%
- $2,563 / mo
- Cash down
- $121,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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