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New3 hours ago

807 - 11 Thorncliffe Park Drive

Thorncliffe Park, Toronto

$439,000

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

This stylish 1,270-square-foot, two-bedroom condo has a really nice, open-concept layout that flows perfectly between the living and dining areas! It's such a great space for entertaining, and the eat-in kitchen even has a window that lets in tons of natural light. Additionally the entire condo feels bright and airy, thanks to all the large windows and two walk-outs that lead right onto an open balcony! The primary bedroom is super spacious and comes with those lovely corner windows and an ensuite bathroom! The second bedroom gets such warm, natural light, making it perfect for guests or even a cozy home office. This layout is so roomy and provides a nice, peaceful break from the downtown area, with plenty of space to set up a comfortable spot to work from home too!There is an on site management office, security guard, and visitor parking! Also included are: the Party Room, billiards room, exercise room, library, games room and more. Small pets permitted, as per the Status Certificate.Comfortable living in an evolving area of the city that has recently experienced development and public transit infrastructure improvements. Several bus routes at the door to multiple subway lines. New rapid transit/commuter line station at the intersection of Overlea and Thorncliffe. Easy Access to Restaurants, Retail Shops, Grocery Stores (Costco), Schools, Parks and more! Everything you need is literally at your doorstep! It's a pretty unbeatable opportunity!

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age31-50
Size1200-1399 sq. ft.
Maintenance Fees$1,461
LockerEnsuite+Exclusive
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,532
mls© NumberC14140864
Listed ByROYAL LEPAGE SIGNATURE REALTY
Heat Included
Hydro Included
Water 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%
$2,247
Property tax
$211
Heat allowance
$150
Condo fees, half counted
$730
Housing costs
$3,338 / mo

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

Down payment20% · $87,800
25-yr amortization

Income needed

$103,000

gross annual household income

Payment at 4%
$1,847 / mo
Cash down
$87,800

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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