| Heat Included | |
| Water Included | |
| CAC Included | |
| Common Elements Included | |
| Building Insurance Included |
New7 days ago
PH116 - 4955 Yonge Street
Willowdale East, Toronto
$720,000
Condo Apartment |
2 | 1 | 1 | 1
About this home
"Brand-new unit ! Buyers may be eligible for an HST rebate"Luxury 2-Bedroom Prize Model at Pearl Place, Yonge & Sheppard. 685 sq. ft. featuring 10-ftceilings, floor-to-ceiling windows, and a bright open-concept layout. Tons of upgradesModern kitchen with breakfast area, quartz countertops and stainless steel appliances.Conveniently located steps to Yonge-Sheppard subway station with easy access to Hwy 401 & 404,shopping, dining, parks, and more. Premium building amenities include indoor pool, sauna, gym,party room, theatre, guest suites, and 24-hour concierge. Price Includes parking and locker.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,685
- Property tax
- $341
- Heat allowance
- $150
- Condo fees, half counted
- $287
- Housing costs
- $4,464 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $144,000
25-yr amortization
Income needed
$137,000
gross annual household income
- Payment at 4%
- $3,030 / mo
- Cash down
- $144,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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