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401 - 210 Sabina Drive
1008 - GO Glenorchy, Oakville
$529,000
Lovely and large immaculate well kept 1 bedroom plus den unit in a lovely location. This unit has laminate wood flooring throughout with an open concept kitchen. Over 700 square feet of living space. This lovely boutique condo is perfect fo young professionals, young family or even the discerning investor. Enjoy amenities such as fitness centre, party room, outdoor patio and more. This lovely community is an up and coming location that has been growing for sometime. Enjoy the convenience of big box stores, groceries, restaurants, schools, parks, golf, even a drive in movie theatre and much more. Located just moments from 403, 407 and next to major streets like Dundas so your commute and daily activities are easy and convenient.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,708
- Property tax
- $214
- Heat allowance
- $150
- Condo fees, half counted
- $259
- Housing costs
- $3,330 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$102,000
gross annual household income
- Payment at 4%
- $2,226 / mo
- Cash down
- $105,800
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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