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New2 days ago

Ph307 - 5 Emerald Lane

Crestwood-Springfarm-Yorkhill, Vaughan

$434,000

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

A Higher Standard of Living at 5 Emerald Lane! Enjoy penthouse living with beautiful, unobstructed south-facing views at the prestigious Menkes-built Eiffel Towers. This spacious, well-appointed suite offers a bright, inviting atmosphere and expansive views that take full advantage of its elevated position. Well-maintained throughout, the unit features laminate flooring and stainless steel appliances. Residents enjoy an impressive selection of amenities, including 24-hour gated security, visitor parking, guest suites, and an outdoor swimming pool. Ideally located within walking distance of transit, local shops, grocery stores, and restaurants, this penthouse offers a wonderful combination of elevated living, everyday comfort, and convenience.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size600-699 sq. ft.
Maintenance Fees$598
LockerNone
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,883
mls© NumberN14115766
Listed ByKELLER WILLIAMS REFERRED URBAN REALTY
CAC Included
Common Elements Included
Building Insurance Included
Parking Included
Water 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%
$2,221
Property tax
$157
Heat allowance
$150
Condo fees, half counted
$299
Housing costs
$2,827 / mo

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

Down payment20% · $86,800
25-yr amortization

Income needed

$87,000

gross annual household income

Payment at 4%
$1,826 / mo
Cash down
$86,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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