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Listed 1 month ago

401 - 2 Covington Road

Englemount-Lawrence, Toronto

$589,900

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

Welcome To Crystal Towers. Bright & Spacious Unit With 2 Bedrooms And 2 Full Bathrooms. Open Concept Living And Dining.Family Sized Kitchen With Ceramic Floor. Ensuite Laundry. This bright, well-designed living space is located in one of NorthToronto's most established and sought-after neighbourhoods.Crystal Towers is a well-managed, amenity-rich building with an outdoor pool, gym, and party room.Large Balcony. Lots of Storage Space.Beautiful Hallways & Lobby. Close To Everything. Walking Distance To Lawrence Plaza. Minutes to parks, schools, restaurants, and everyday conveniences like Yorkdale, & Lawrence West Subway.This Fabulous Suite Offers Living In a High-Demand Location With Strong Long-Term Value. There Is a Sabbath Elevator For Those Who Use It. **Photos feature virtual staging to depict the unit if it were fully furnished.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size900-999 sq. ft.
Maintenance Fees$947
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,850
mls© NumberC13573318
Listed ByFOREST HILL REAL ESTATE INC.
Water Included
Common Elements Included
Condo Taxes Included
Parking Included
Cable TV Included

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%
$3,019
Property tax
$238
Heat allowance
$150
Condo fees, half counted
$474
Housing costs
$3,880 / mo

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

Down payment20% · $117,980
25-yr amortization

Income needed

$119,000

gross annual household income

Payment at 4%
$2,482 / mo
Cash down
$117,980

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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