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Listed 1 month ago

309 - 123 Woodbine Avenue

The Beaches, Toronto

$409,000

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

Sweet updated Beach retreat! What an opportunity to get into the market in an unbeatable location. Literally steps to the Beach and Boardwalk, Queen St. restos and shops. This updated studio suite is the perfect pied-a-terre or investment opportunity. lovely top floor suite with quiet East facing private balcony. Parking and locker included and maintenance fees include utilities! Recently updated bathroom with lifetime warranty on bath enclosure, 2 separate entry closets, nothing to do but move in! This unit is immaculate and updated throughout.

Extras

No extras listed.

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Got questions?

Contact Jonathan directly.

agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleBachelor/Studio
Approx. AgeNot available
Size0-499 sq. ft.
Maintenance Fees$380
LockerExclusive
BalconyOpen
ExposureEast
Parking TypeNone
Parking Spaces1
Parking FeaturesSurface
Property Tax$1,742
mls© NumberE13509882
Listed ByROYAL LEPAGE ESTATE REALTY
Common Elements Included
Heat Included
Hydro Included
Building Insurance Included
Parking Included
Water 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%
$2,093
Property tax
$145
Heat allowance
$150
Condo fees, half counted
$190
Housing costs
$2,579 / mo

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

Down payment20% · $81,800
25-yr amortization

Income needed

$79,000

gross annual household income

Payment at 4%
$1,721 / mo
Cash down
$81,800

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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Comparable sales

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