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| Building Insurance Included | |
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205 - 276 Littlewood Drive
1015 - RO River Oaks, Oakville
$599,000
Spacious And Bright Two Bedroom Corner Unit Offering Much Privacy with SW Views. Master Bedroom Ensuite with 4pc Bath and Double Closet. Open Concept Living and Dining Walking Out To A Private Oversized Terrace, Perfect For Bbq And Entertaining Guests. Hardwood Flooring In Living and Dining Room. Two Parking Spaces Including Single Garage Attached to the Building. Conveniently Located Close To Transit, Shopping, Restaurants, Parks, Schools And Highways.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,066
- Property tax
- $116
- Heat allowance
- $150
- Condo fees, half counted
- $244
- Housing costs
- $3,576 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$110,000
gross annual household income
- Payment at 4%
- $2,521 / mo
- Cash down
- $119,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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