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1608 - 9 Valhalla Inn Road
Islington-City Centre West, Toronto
$409,999
Freshly Painted. New Laminate Floors (Oct 26'). Convenient Etobicoke Location Luxury Condo with One Underground Parking Space. Functionally Laid Out Unit With Beautiful North Facing, Sprawling, Views From The Open Balcony And Open Concept Living Space. A Commuters Dream Location! Easy Access To The 427, Gardiner Expressway, And 401! Just Minutes From Downtown, Toronto Pearson Airport, Sherway Gardens, And Every Amenity You Could Possibly Need!
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,099
- Property tax
- $152
- Heat allowance
- $150
- Condo fees, half counted
- $255
- Housing costs
- $2,655 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$82,000
gross annual household income
- Payment at 4%
- $1,725 / mo
- Cash down
- $82,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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