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New6 days ago

05 - 235 Mclevin Avenue

Malvern, Toronto

$610,000

Condo Townhouse |
2 | 2 | 1 | 0
About this home

Excellent Location at Neilson Rd & McLevin Ave! An amazing opportunity for first-time buyers and investors! This is a bright 2-bedroom townhouse. Private terrace. Features an open-concept living/dining area, a modern kitchen with stainless steel appliances, and two spacious bedrooms with ample closet space. Includes designated parking and bicycle parking. Minutes to UTSC, Centennial College, schools, parks, grocery stores, and public transit.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Townhouse
Style3-Storey
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$298
LockerNone
BalconyTerrace
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,938
mls© NumberE13836170
Listed ByRE/MAX EXCEL REALTY LTD.
Common Elements Included
Building Insurance Included
Parking Included

Listing History

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  • 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%
$3,122
Property tax
$245
Heat allowance
$150
Condo fees, half counted
$149
Housing costs
$3,666 / mo

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

Down payment20% · $122,000
25-yr amortization

Income needed

$113,000

gross annual household income

Payment at 4%
$2,567 / mo
Cash down
$122,000

Assumes no other monthly debts · 25-yr amortization

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Investment Analysis

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