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New6 days ago

2509 - 117 Mcmahon Drive

Bayview Village, Toronto

$658,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

Gorgeous Corner Suite With Spectacular View!! Bright & Spacious. 848 Sq Feet Plus 185 Sq Feet Oversize Balcony. One Parking & One Locker !! Walking Distance To 2 Subway Stations & Great Shopping Amenities. Floor To Ceiling Windows with 9-foot ceilings Shows Beautiful Open Concept. Modern Kitchen with Quartz Counter Tops! built-in appliances and luxurious finishes. easy access to major highways including 401, 404, and DVP

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size800-899 sq. ft.
Maintenance Fees$794
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,635
mls© NumberC13835206
Listed ByCENTURY 21 LANDUNION REALTY INC.
CAC Included
Common Elements Included
Heat Included
Building Insurance Included
Parking Included
Water Included

Listing History

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  • No recent lease history for this listing.

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%
$3,368
Property tax
$303
Heat allowance
$150
Condo fees, half counted
$397
Housing costs
$4,218 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $131,600
25-yr amortization

Income needed

$130,000

gross annual household income

Payment at 4%
$2,769 / mo
Cash down
$131,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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