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New6 days ago

501 - 180 Markham Road

Scarborough Village, Toronto

$359,900

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

Don't miss the opportunity to own this beautiful 2-bedroom, 1.5-bathroom condominium suite featuring a long balcony which brings in natural light throughout. This spacious, move-in ready suite has been freshly painted and features elegant wood flooring throughout. The kitchen is equipped with granite countertops, a Samsung electric oven, Whirlpool refrigerator, and a newly installed dishwasher. The master bedroom includes a 1/2 bathroom and a large closet for storage, while the second bedroom also offers a generous closet space. Both bathrooms have been newly renovated with unique finishes. Features underground parking and a storage locker. Maintenance fees include utilities such as electricity, heat, water, Rogers high-speed internet, and cable TV - offering exceptional value and convenience. Area is TTC transit friendly including accessible by express TTC buses such as 986 and 905. Is close to Go Stations and Kennedy Subway Station, as well as several schools, daycares, places of worship, banks, local restaurants and fast food chains such as McDonald's, Pizza Pizza, Tim Hortons, Starbucks, and Popeyes Louisiana Kitchen within walking distance or a short drive/ bus ride. Also well-positioned for healthcare, pharmacy, library, and recreation access, as well as for grocery and shopping such as at Batala Supermarket, Dollarama, Metro, and Walmart. A wonderful opportunity to own a spacious unit in a family-friendly location! Book a tour to visit this unit. You won't be disappointed.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$977
LockerExclusive
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$989
mls© NumberE13784402
Listed ByRE/MAX REALTRON REALTY INC.
Cable TV Included
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%
$1,842
Property tax
$82
Heat allowance
$150
Condo fees, half counted
$488
Housing costs
$2,563 / mo

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

Down payment20% · $71,980
25-yr amortization

Income needed

$79,000

gross annual household income

Payment at 4%
$1,515 / mo
Cash down
$71,980

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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