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Listed 11 days ago

401 - 1487 Maple Avenue

1029 - DE Dempsey, Milton

$599,900

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

Upscale 2-bedroom, 2-bathroom top floor condo in the heart of Milton. This stylish unit features a high ceilings open-concept layout, A large roomy kitchen with a breakfast counter and contemporary cabinetry and ensuite laundry. Combined living/dining room features a gas fireplace. Two spacious bedrooms and two full bathrooms. One indoor parking included. Enjoy your morning coffee on your private terrace. Building offers nice amenities: party room and gym. Located just minutes from shopping, dining, parks, and public transit, this condo offers the best of urban living with easy access to all of Milton's amenities.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size1000-1199 sq. ft.
Maintenance Fees$588
LockerCommon
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,837
mls© NumberW13820572
Listed ByRIGHT AT HOME REALTY
Water 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

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$3,071
Property tax
$236
Heat allowance
$150
Condo fees, half counted
$294
Housing costs
$3,751 / mo

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

Down payment20% · $119,980
25-yr amortization

Income needed

$115,000

gross annual household income

Payment at 4%
$2,524 / mo
Cash down
$119,980

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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