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927 - 38 Joe Shuster Way
Niagara, Toronto
$439,000
Lovely One Bedroom w/Unobstructed North View, Excellent Floor Plan, Open Concept, No Wasted Space. Move-In Condition W/New Vinyl Flooring, New Paint, New LED Dimmible Lights, New Toilet & Mirror. Full Amenities - 24/7 Concierge*Indoor Pool*Whirlpool*Sauna*Gym*Games Room*Party Room*Theatre*Visitor Parking. Walk Score 100. Everything You Need Right At Your Doorstep - Streetcar/TTC/Park/Dog Park/24 Hour Mcdonalds/Canadian Tire/ Longo's/ Petsmart/ Winners, Short Walk To Liberty Village & Queen West.
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%
- $2,247
- Property tax
- $175
- Heat allowance
- $150
- Condo fees, half counted
- $255
- Housing costs
- $2,827 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$87,000
gross annual household income
- Payment at 4%
- $1,847 / mo
- Cash down
- $87,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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