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New2 hours ago

320 - 10 Mendelssohn Street

Clairlea-Birchmount, Toronto

$490,000

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

Don't sleep on 10 Mendelssohn! Buyers and first timers, this is the starter home for you. Unit 320 is the bright and light 821 square foot home ready to welcome you with open arms. A split 2 bedroom layout, with plenty of space to stretch and breathe, and a primary bedroom with an ensuite bathroom. A large kitchen with full sized appliances (!), an extra large laundry room and plenty of storage. Smooth ceilings, a designers' touch and true pride of ownership. Plus, both the full locker & parking spot are on P1. ***** An ultra convenient location: a 8 minute walk to Warden TTC subway station, next door to Warden Hilltop Community Centre, park & splash pad, and minutes' drive to every convenience you need - grocery stores (including No Frills, Seafood City & Costco Business Centre), HomeSense and other great shops and restaurants. ***** The alarm is ringing, friends. This is the one. Come and get it!

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$657
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,340
mls© NumberE13801516
Listed BySAGE REAL ESTATE LIMITED
Water 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%
$2,508
Property tax
$195
Heat allowance
$150
Condo fees, half counted
$329
Housing costs
$3,182 / mo

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

Down payment20% · $98,000
25-yr amortization

Income needed

$98,000

gross annual household income

Payment at 4%
$2,062 / mo
Cash down
$98,000

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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