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New4 days ago

1801 - 31 Bales Avenue

Willowdale East, Toronto

$749,000

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

Prime Yonge & Sheppard location with an exceptional Walk Score! Just steps from Sheppard-Yonge Subway Station, this rarely available SE corner unit offers one of the building's most desirable and functional layouts. Bright and spacious 2 bedroom + den, 2 bathroom suite feels like a true 3 bedroom home, and comes with18th floor open southeast views and an abundance of natural light. The highly sought-after split-bedroom layout provides excellent privacy and functionality. The generous living and dining area features large windows, plenty of natural light, and a walkout to a private balcony - the perfect place to enjoy the open city views. A large separate den with a door offers exceptional flexibility and can easily serve as a home office or third bedroom. Primary bedroom features a spacious walk-in closet and 4-piece ensuite, while the second bedroom offers excellent natural light and ample closet space. The functional kitchen provides plenty of cabinetry and counter space, along with a convenient breakfast bar overlooking the living area. Complete with in-suite laundry, one parking space, and a locker. Well-maintained building with relatively low maintenance fees and a history of modest maintenance fee increases. Excellent amenities include an indoor pool, gym, sauna, 24-hour concierge, guest suites, billiards room, party room, and plenty of visitor parking spaces. Unbeatable location- Steps to the subway, shopping, restaurants, parks, and everyday conveniences, with easy access to Highway 401.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$854
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,220
mls© NumberC13844276
Listed ByHOMELIFE/VISION REALTY INC.
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%
$3,834
Property tax
$268
Heat allowance
$150
Condo fees, half counted
$427
Housing costs
$4,679 / mo

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

Down payment20% · $149,800
25-yr amortization

Income needed

$144,000

gross annual household income

Payment at 4%
$3,152 / mo
Cash down
$149,800

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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