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1 / 0
New1 day ago

2621 - 56 Andre De Grasse Street

Unionville, Markham

$649,888

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

**Welcome to Gallery Towers in the Heart of Downtown Markham!** Experience modern luxury living in this brand-newbuilding! This stunning 1-bedroom + den suite features a functional open-concept layout, a modern kitchen, and desirable south-facing views. **LOCATION, LOCATION, LOCATION!** Enjoy an unbeatable location within walking distance to GO Transit, York University Markham Campus, Marriott Hotel, restaurants, trendy bars, cafés, Cineplex VIP Cinemas, shopping, and entertainment, with convenient access to Hwy 407. **JAW-DROPPING, RESORT-STYLEAMENITIES!** Enjoy an impressive selection of amenities, including a professional fitness centre, yoga studio, private theatre room, pet park, pet spa, party room, games room, and much more! **ATTENTION INVESTORS!** An excellent tenant is already in place and willing to stay, offering a fantastic opportunity for investors seeking a property with an existing rental arrangement. Whether you're looking for a future home or an investment opportunity, this exceptional condo offers the perfect combination of location, lifestyle, and convenience! **Buyer and Buyer's Agent to independently verify all measurements, property taxes, and other relevant information.**

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$517
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeSurface
Parking Spaces1
Parking FeaturesSurface
Property Tax---
mls© NumberN14117896
Listed ByREMAX YOUR COMMUNITY REALTY
Common Elements Included
Building Insurance Included
CAC 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 estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,326
Property tax (estimated)
$0
Heat allowance
$150
Condo fees, half counted
$258
Housing costs
$3,735 / mo

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

Down payment20% · $129,978
25-yr amortization

Income needed

$115,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$129,978

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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