| Common Elements Included | |
| Parking Included | |
| Building Insurance Included |
New4 hours ago
613 - 7 Smith Crescent
Stonegate-Queensway, Toronto
$519,000
Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home
Stunning 1 Bedroom With 1 Bath Luxury Condo In A Prime Etobicoke Location. Large Primary Bedroom With Semi-Ensuite & Double Closet. Enjoy This Coveted Location With Queensway Park As Your Backyard! Beautifully Upgraded With Light Cabinetry And Floors & Finished Ceilings. Flooded With Light From Floor To Ceiling Windows. Gorgeous Kitchen With Centre Island & Integrated Appliances.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,656
- Property tax
- $231
- Heat allowance
- $150
- Condo fees, half counted
- $246
- Housing costs
- $3,283 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $103,800
25-yr amortization
Income needed
$101,000
gross annual household income
- Payment at 4%
- $2,184 / mo
- Cash down
- $103,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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