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2305 - 36 Park Lawn Road
Mimico, Toronto
$689,000
Welcome to this bright 23rd-floor, two-bedroom, two-bathroom condo in Mimico. The approximately 865 sq ft floor plan offers an open-concept kitchen and living/dining area, two open balconies and in-suite laundry. One underground parking space and one locker are included. Enjoy a convenient location close to the Humber Bay waterfront, parks, shops and transit.
No extras listed.
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Listing History
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,527
- Property tax
- $304
- Heat allowance
- $150
- Condo fees, half counted
- $390
- Housing costs
- $4,370 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$134,000
gross annual household income
- Payment at 4%
- $2,899 / mo
- Cash down
- $137,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
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