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| Hydro Included | |
| Heat Included | |
| Building Insurance Included | |
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901 - 2662 Bloor Street W
Kingsway South, Toronto
$1,600,000
Your next chapter begins at the coveted Terraces of Old Mill. **UNIT FEATURES** Gracious proportions, beautiful natural light and room to keep entertaining. Suite 901 offers 1,620 sq. ft. with two bedrooms, a separate den and south-facing windows throughout. Lovingly maintained by its original owner, this inviting residence features beautiful hardwood flooring through the den and living areas.The spacious living room offers a fireplace and walkout to the large balcony overlooking the surrounding greenery. A separate dining room accommodates family dinners and holiday gatherings, while the eat-in kitchen provides its own balcony access. The enclosed den is ideal for a home office, television room or reading retreat.The generous primary bedroom includes a walk-in closet and a large five-piece ensuite with double sinks, a soaker tub and separate shower. A spacious second bedroom, second full bathroom, large locker and two underground parking spots complete the offering. **BUILDING FEATURES** The sought-after Terraces of Old Mill offers an established, welcoming condominium community with 24-hour concierge service, an indoor pool, exercise facilities and a rooftop terrace with barbecues. An active social committee provides opportunities to connect with neighbours. **LOCATION** Steps from Old Mill subway station and close to Humber River trails and the historic Old Mill, with Kingsway shops, restaurants and Bloor West Village nearby. Enjoy easy access to parks, everyday conveniences and major routes-a setting that brings nature and city living together.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $8,190
- Property tax
- $616
- Heat allowance
- $150
- Condo fees, half counted
- $1,227
- Housing costs
- $10,183 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$313,000
gross annual household income
- Payment at 4%
- $6,733 / mo
- Cash down
- $320,000
Assumes no other monthly debts · 25-yr amortization
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