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New5 days ago

1602 - 100 Upper Madison Avenue

Lansing-Westgate, Toronto

$890,000

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

Immaculate and stunning fully renovated spacious corner unit, approx. 1,350 sq.ft., split 2 bedrooms with 2 full baths units, smooth ceiling throughout. Spacious living room and space for desk, perfect for work and home office. Renovated gourmet kitchen, with lighting under cabinetry and eat-in breakfast. Brand new stainless appliances. Brand New Laminate Floor. Breathtaking dining room with wrap around curved windows, modern luxury living at the elegant residences of Madison Centre, with all the finest amenities. Just steps away, direct underground access to subway, restaurants, access to shopping, amazing access to this vibrant neighbourhood. Maintenance fees are all inclusive, internet and cable TV, heat, hydro and water.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$1,134
LockerOwned
BalconyJuliette
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,514
mls© NumberC14130394
Listed BySINCERE REALTY INC.
Heat Included
Hydro Included
Water Included
Cable TV Included
CAC 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%
$4,555
Property tax
$293
Heat allowance
$150
Condo fees, half counted
$567
Housing costs
$5,565 / mo

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

Down payment20% · $178,000
25-yr amortization

Income needed

$171,000

gross annual household income

Payment at 4%
$3,745 / mo
Cash down
$178,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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