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Listed 9 days ago

805 - 190 Borough Drive

Bendale, Toronto

$550,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

Luxury condo in the heart of scarborough. South east corner with eye level amazing wooded/treed view. 24hr security on site. Million dollars recreational club includes gym, game rm, indoor pool, party room, theatre, guest suites. Steps to public transit, stc shopping mall, hwy 401, library, ymca, etc. Best parking spot close to elevator.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$821
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,993
mls© NumberE13831494
Listed ByRealtyAI Plus Inc.
Heat Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

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

Schools

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What the bank counts

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

Mortgage, tested at 6%
$2,815
Property tax
$249
Heat allowance
$150
Condo fees, half counted
$410
Housing costs
$3,625 / mo

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

Down payment20% · $110,000
25-yr amortization

Income needed

$112,000

gross annual household income

Payment at 4%
$2,314 / mo
Cash down
$110,000

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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