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2006 - 215 Sherway Gardens Road
Islington-City Centre West, Toronto
$424,900
Suite 2006 is an incredible and meticulously maintained 1-Bedroom unit in highly desired One Sherway Tower 3. Featuring brand new vinyl flooring and freshly painted throughout. Upon entering you are greeted with a spacious Living and Dining Room with walk-out to a balcony. Your open Kitchen features granite counters, breakfast bar, and stainless steel appliances. The Primary Bedroom has two closets and a large west-facing window along with the new vinyl flooring. There's also a 4-Piece Bathroom and an open Balcony with southwest views. Also includes underground Parking Spot. Enjoy Resort-Style Amenities such as the Indoor Pool, Hot Tub, Steamroom, Gym, Sauna, Games Room, Party Room, Guest Suites & More! Steps To TTC, Upscale Sherway Gardens. Quick Access To Major Hwys. Go Station, Parks, & Trails. Come see this Incredible unit today!
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,175
- Property tax
- $170
- Heat allowance
- $150
- Condo fees, half counted
- $250
- Housing costs
- $2,745 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$84,000
gross annual household income
- Payment at 4%
- $1,788 / mo
- Cash down
- $84,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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