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New7 days ago

703 - 5740 Yonge Street

Newtonbrook West, Toronto

$399,800

Condo Apartment |
1 | 1 | 0 | 0
About this home

Bright and efficient one-bedroom at The Palm Residences - 549 sq ft of well-planned space plus an oversized 59 sq ft balcony, one of the largest outdoor spaces you'll find in a suite this size. Open-concept living and dining with a walkout to the balcony, a separate bedroom with double closet, four-piece bath, and a full kitchen with stainless appliances and ensuite laundry. No wasted hallway space - every square foot works. Unbeatable location at Yonge & Finch: steps to Finch Subway Station and the GO/YRT/VIVA terminal, one bus to York University, minutes to Hwy 401 and 404, with groceries, restaurants, and cafés at your door. Building amenities include an indoor pool, sauna/steam room, fully equipped gym, party and games rooms, media room, business centre, rooftop terrace with BBQs, visitor parking, and 24-hour concierge.

Extras

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Contact Macallum directly.

agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$531
LockerNone
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$1,957
mls© NumberC14155390
Listed ByRE/MAX CITY ACCORD REALTY INC.
Heat Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$2,046
Property tax
$163
Heat allowance
$150
Condo fees, half counted
$265
Housing costs
$2,625 / mo

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

Down payment20% · $79,960
25-yr amortization

Income needed

$81,000

gross annual household income

Payment at 4%
$1,682 / mo
Cash down
$79,960

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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