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PH206 - 4955 Yonge Street
Willowdale East, Toronto
$1,095,000
"Brand-new unit ! Buyers may be eligible for an HST rebate"Luxury 2-Bedroom + Den Penthouse - Pierre Model at Pearl Place, Yonge & Sheppard. 1,049 sq.ft. featuring 10-ft ceilings, floor-to-ceiling windows, and a bright open-concept layout.Rare South East corner penthouse suite with great views and a wraparound balcony. Tons ofupgrades Modern kitchen , quartz countertops and stainless steel appliances. Convenientlylocated 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, partyroom, theatre, guest suites, and 24-hour concierge. Price Includes parking and locker.
No extras listed.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,605
- Property tax
- $502
- Heat allowance
- $150
- Condo fees, half counted
- $424
- Housing costs
- $6,682 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$206,000
gross annual household income
- Payment at 4%
- $4,608 / mo
- Cash down
- $219,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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