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Listed 2 months ago

1102 - 15 Torrance Road

Eglinton East, Toronto

$510,000

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

Welcome 15 Torrance Rd #1102 walk into this Bright, Clean & Spacious Large Corner Unit In Very Well Maintained Building, 2+ Den Could Easily Be A 3rd Bedroom, Spacious Living Room With W/O To Huge Terrific View Balcony*Ensuite Bathroom With W/O Closet In Master's bedroom, Ensuite Laundry Room With Extra Storage Space, Your all-inclusive maintenance fees cover all utilities and cable, plus access to fantastic amenities :Heated outdoor pool, Mens & womens saunas with showers & change rooms, Party Hall, Exercise Room, Location can't be beat! Public transit is right at your doorstep, with the Eglinton GO station just steps away for quick downtown access. Minutes to Hwy 401, U of T Scarborough, Scarborough Town Centre, shopping, groceries, restaurants, and even Home Depot across the street! This is truly a warm, inviting, and family-friendly building with ample visitor parking a rare gem that shows beautifully. Don' t miss your chance to make this cozy suite your next home!

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$931
LockerNone
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,289
mls© NumberE13412212
Listed ByRE/MAX METROPOLIS REALTY
Heat Included
Water Included
Building Insurance Included
Common Elements Included
Hydro Included
Parking Included
Cable TV 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%
$2,610
Property tax
$107
Heat allowance
$150
Condo fees, half counted
$466
Housing costs
$3,333 / mo

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

Down payment20% · $102,000
25-yr amortization

Income needed

$103,000

gross annual household income

Payment at 4%
$2,146 / mo
Cash down
$102,000

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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