| Heat Included | |
| Cable TV Included | |
| Building Insurance Included | |
| Common Elements Included | |
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206 - 18 Hollywood Avenue
Willowdale East, Toronto
$499,000
Suite 206 at 18 Hollywood Avenue offers a bright, beautifully maintained living space in one of North York's most desirable and convenient neighbourhoods. This spacious 1-bedroom plus oversized den features a thoughtfully designed layout, with French doors and plenty of room for the den to function as a second bedroom, home office or guest space.The expansive open-concept living and dining area is ideal for everyday living and entertaining, complemented by a well-appointed kitchen with stainless steel appliances and generous storage throughout. The oversized primary bedroom features a large walk-in closet, while the elegant marble foyer offers a linen closet and double entry closets for added functionality. California shutters, large windows and an abundance of natural light create a warm, inviting feel throughout. The spa-inspired bathroom is complete with a Jacuzzi soaker tub and separate stand-alone shower.Located on the second floor, this suite offers the added convenience of easy access without relying on elevators. Residents also enjoy an impressive selection of amenities, including 24-hour concierge service, an indoor pool, saunas, fitness centre, party room and guest suites.The location is hard to beat. Just steps from vibrant Yonge Street, the subway, North York Central Library, restaurants, shopping, parks and North York Centre, with quick access to Highway 401. Families will appreciate the highly regarded Earl Haig Secondary School and McKee Public School catchments, along with proximity to the prestigious Claude Watson School for the Arts.Adding even more value, maintenance fees include all utilities, cable TV and high-speed internet, making for convenient, worry-free living.With its generous layout, versatile living space and unbeatable location, this is an excellent opportunity for first-time buyers, downsizers or investors looking to be part of one of North York's most sought-after communities.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,554
- Property tax
- $260
- Heat allowance
- $150
- Condo fees, half counted
- $473
- Housing costs
- $3,437 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$106,000
gross annual household income
- Payment at 4%
- $2,100 / mo
- Cash down
- $99,800
Assumes no other monthly debts · 25-yr amortization
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