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New5 days ago

1810 - 23 Lorraine Drive

Willowdale West, Toronto

$462,000

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

Gorgeous Very Clean Spacious 1 Bedroom+Den Suite In Prime North York! Bright West Exposure In This Functional Open Concept. Low maintenance fees of $519.99 , which include all your utilities. Prime location at Yonge & Finch, steps to the Finch subway. Exceptional Building Amenities: Concierge, Indoor Pool, Sauna, Exercise Room, Party Room & More. Go Transit, And Viva/Yrt, Steps From Restaurants, Shopping, Entertainment, Parks, And Community Centre. Well Maintained, Move In Condition.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$520
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,156
mls© NumberC13875610
Listed ByREAL HOME CANADA REALTY INC.
CAC Included
Common Elements Included
Heat Included
Hydro Included
Building Insurance Included
Parking Included
Water Included

Listing History

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

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$2,365
Property tax
$180
Heat allowance
$150
Condo fees, half counted
$260
Housing costs
$2,954 / mo

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

Down payment20% · $92,400
25-yr amortization

Income needed

$91,000

gross annual household income

Payment at 4%
$1,944 / mo
Cash down
$92,400

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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