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New4 hours ago

401 - 562 Eglinton Avenue E

Mount Pleasant East, Toronto

$569,999

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

Condo Living in the Heart of Midtown! Welcome to this spacious 1,123 sq. ft. two-bedroom, two-bathroom penthouse in an intimate four-storey boutique building. With soaring 10-foot ceilings, generous principal rooms and an abundance of storage. This is condo living without compromising on space. At $508/ square foot - it is one of the best values in mid-town Toronto. The well-designed layout offers two comfortable bedrooms, two full bathrooms and an ensuite laundry, making it ideal for professionals, downsizers or anyone looking for the convenience of condo living with room to breathe. One parking space is included. Bedroom 2 is currently used as an office/tv room. Barn door slides closed for privacy. Step outside and enjoy a vibrant Midtown neighbourhood where so much is within walking distance. Stroll to restaurants, cafés, shops, schools and parks, with the Eglinton LRT at your doorstep, Yonge & Eglinton subway and amenities just minutes away, and Sunnybrook Hospital close by.Residents also enjoy a party room, exercise room and visitor parking. This oversized condo in a boutique building is in a fabulous walkable Midtown location. A rare opportunity to enjoy space, convenience and an exceptional urban lifestyle. Don't take my word for it - come see for yourself!

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$1,764
LockerNone
BalconyNone
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,675
mls© NumberC13875004
Listed ByROYAL LEPAGE TERREQUITY SEYMOUR REAL ESTATE
Heat Included
Water Included
CAC Included
Building Insurance Included
Parking Included
Common Elements 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%
$2,918
Property tax
$306
Heat allowance
$150
Condo fees, half counted
$882
Housing costs
$4,256 / mo

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

Down payment20% · $114,000
25-yr amortization

Income needed

$131,000

gross annual household income

Payment at 4%
$2,399 / mo
Cash down
$114,000

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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