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1606 - 335 Mill Road
Eringate-Centennial-West Deane, Toronto
$484,000
Don't delay in viewing this one! Spacious 2 bedroom, 2 bathroom unit in the much sought after Valencia Towers. Bright open concept living and dining Room with walk-out to balcony. Quartz countertops and S/S appliances in galley kitchen with a sun-filled eat-in area. Large Primary Bedroom with 2 pc ensuite bathroom, and plenty of closet space. Stylish 4-piece bathroom. Upgraded laminate wood flooring throughout. Amazing views! Great amenities including outdoor pool, gym, billiards, sauna, visitor parking. Convenient location close to shopping, great schools, transit, highways, Airport, Centennial Park, Etobicoke Creek Trails, Markland Wood Golf Club and so much more!
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,477
- Property tax
- $139
- Heat allowance
- $150
- Condo fees, half counted
- $610
- Housing costs
- $3,376 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$104,000
gross annual household income
- Payment at 4%
- $2,037 / mo
- Cash down
- $96,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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