| Heat Included | |
| Water Included | |
| CAC Included | |
| Common Elements Included | |
| Building Insurance Included | |
| Parking Included |
New2 hours ago
505 - 5 Michael Power Place
Islington-City Centre West, Toronto
$435,000
Condo Apartment |
1 | 1 | 1 | 1
About this home
Excellent location! This 1Br condo is located at a very convenient location , close to 2 subway stations at a walking distance. Close to all amenities, grocery stores , shopping schools , parks. well maintained building with a magnificent entrance hallway and 24hrs concierge .
Extras
No extras listed.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $592 |
| Locker | Owned |
| Balcony | Open |
| Exposure | West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $2,412 |
| mls© Number | W14086456 |
| Listed By | CENTURY 21 LEADING EDGE REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,227
- Property tax
- $201
- Heat allowance
- $150
- Condo fees, half counted
- $296
- Housing costs
- $2,873 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $87,000
25-yr amortization
Income needed
$88,000
gross annual household income
- Payment at 4%
- $1,831 / mo
- Cash down
- $87,000
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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