| Common Elements Included | |
| Building Insurance Included | |
| Parking Included |
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New2 hours ago
220 - 50 George Butchart Drive
Downsview-Roding-CFB, Toronto
$569,000
Condo Apartment |
2 | 2 | 1 | 1
About this home
* Outstanding Corner Unit In Mattamy's Coveted Saturday At Downsview Park * Open Concept Living Space Walks Out To A Premium 300 Square Foot Balcony * Custom Kitchen With Stainless Steel Appliances * Exceptional Split Bedroom Layout * Primary Bedroom Features A 3 Piece Ensuite Bath And Walk-in Closet * One Parking Space & Locker Included * First Class Building Offers 24/7 Concierge, Fitness Centre, Yoga Studio, Party Room, Games Room, Outdoor Terrace, BBQ Area, And Visitor Parking * Easy Access To The TTC & Highways * Photos Have Been Virtually Staged *
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,912
- Property tax
- $203
- Heat allowance
- $150
- Condo fees, half counted
- $306
- Housing costs
- $3,571 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $113,800
25-yr amortization
Income needed
$110,000
gross annual household income
- Payment at 4%
- $2,394 / mo
- Cash down
- $113,800
Assumes no other monthly debts · 25-yr amortization
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