152 Frederick Tisdale Drive
Downsview-Roding-CFB, Toronto
$769,000
Prime location, Heart of Downsview Park. This Modern Townhome offers plenty of Space with Open Concept Kitchen/Dining/Living. Hardwood floors, S/s Appliances, lots of storage. Finished Basement has Heated Floors. Outdoor spaces include Patio (with BBQ gas line) and 2 Private Rooftop spaces. Easy Access to Transit, Subway, Hwys #401, 400, Schools, Hospital, York University, Places of Worship, Park.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,936
- Property tax
- $351
- Heat allowance
- $150
- Housing costs
- $4,437 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$137,000
gross annual household income
- Payment at 4%
- $3,236 / mo
- Cash down
- $153,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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