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1 / 0
New5 days ago

602 - 1555 E Finch Avenue E

Don Valley Village, Toronto

$467,500

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

Price Improvement! Welcome to 1555 Finch Ave E, Unit 602 Built by Del, this spacious and bright 1-bedroom-plus-den suite is an excellent opportunity for downsizers or first-time buyers looking to enter the market. Situated in a well-run, well-maintained building, this move-in-ready home features laminate flooring throughout - no carpet. The generous, functional layout includes a bright den that can easily serve as a second bedroom or home office, depending on your needs. Additional highlights include en-suite laundry with an updated washer and dryer, a large pantry for extra storage, and one parking space.Enjoy an unbeatable location just steps to TTC transit, shopping, grocery stores, banks, and restaurants, with easy access to the 404/DVP, 401, and 407-putting downtown Toronto less than 20 km away. Maintenance fees include all utilities (hydro, gas, and water) plus Rogers Ignite TV VIP Plan (with Crave, HBO, and Movies) and internet - exceptional value in today's market. Residents enjoy an impressive array of amenities, including indoor and outdoor pools, a sauna, tennis courts, a fitness center, squash and basketball courts, a billiards room, media room, library, 24-hour security, and beautifully landscaped gardens with a waterfall. Lots of visitor parking is also available.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$885
LockerEnsuite
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,210
mls© NumberC13842122
Listed ByZUMIN REAL ESTATE CENTRE
Heat Included
Hydro Included
Cable TV Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,393
Property tax
$184
Heat allowance
$150
Condo fees, half counted
$442
Housing costs
$3,169 / mo

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

Down payment20% · $93,500
25-yr amortization

Income needed

$98,000

gross annual household income

Payment at 4%
$1,967 / mo
Cash down
$93,500

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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