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New14 hours ago

606 - 60 Inverlochy Boulevard

Royal Orchard, Markham

$528,000

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

Discover this spacious two-bedroom condo in the highly sought-after Royal Orchard neighborhood. Large south-facing, large windows fill the home with natural light and offer beautiful, unobstructed views. Enjoy large 200 sq. ft. balcony. Located just steps from Yonge Street, the building offers easy access to public transit, parks, shopping, and everyday conveniences.All-inclusive maintenance fee covers cable and internet. Residents also enjoy exclusive access to the Orchard Club, with amenities including a hobby room, billiards, tennis and basketball courts, and an indoor pool. A great opportunity to enjoy comfort, convenience, and plenty of amenities in a desirable community.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$1,067
LockerEnsuite
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,181
mls© NumberN13812556
Listed ByCENTURY 21 NEW CONCEPT
Heat Included
Water Included
Parking Included
Hydro Included
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,703
Property tax
$182
Heat allowance
$150
Condo fees, half counted
$534
Housing costs
$3,568 / mo

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

Down payment20% · $105,600
25-yr amortization

Income needed

$110,000

gross annual household income

Payment at 4%
$2,222 / mo
Cash down
$105,600

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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