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New1 day ago

61 - 341 Military Trail

Morningside, Toronto

$630,000

Condo Townhouse |
3 | 2 | 2 | 0
About this home

Welcome to this family friendly, quiet neighbourhood townhome. This well maintained home offers a bright and functional layout with 3 spacious bedrooms plus a finished basement. The main level features an open concept living and dining area, perfect for everyday living and entertaining. Ideal as a starter home. The visitor parking conveniently located just steps away. Situated close to shopping, parks, public transit, the University of Toronto Scarborough campus, and Centennial College. Walking distance to schools including Military Trail Public School and St. John Paul II Catholic Secondary School. An excellent opportunity in a highly desirable and convenient location.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Townhouse
Style2-Storey
Approx. Age51-99
Size1000-1199 sq. ft.
Maintenance Fees$532
LockerNone
BalconyNone
ExposureEast
Parking TypeAttached
Parking Spaces2
Parking FeaturesPrivate
Property Tax$2,271
mls© NumberE13773176
Listed ByHOMELIFE SILVERCITY REALTY INC.
Water Included
Common Elements 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%
$3,225
Property tax
$189
Heat allowance
$150
Condo fees, half counted
$266
Housing costs
$3,830 / mo

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

Down payment20% · $126,000
25-yr amortization

Income needed

$118,000

gross annual household income

Payment at 4%
$2,651 / mo
Cash down
$126,000

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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