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New19 hours ago

707 - 120 Promenade Circle

Brownridge, Vaughan

$580,000

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

Welcome to Royal Promenade! An exceptional opportunity to make this spacious 1,227 sq ft suite your own. Lovingly maintained in its original condition, this bright and inviting 2 bedroom, 2 bathroom residence offers generous room sizes, a highly desirable split bedroom layout and unobstructed north west views. The spacious kitchen features a separate breakfast area and includes a refrigerator, stove and dishwasher. Two full bathrooms, excellent living and dining space, underground parking and a locker, add to the comfort and convenience. Enjoy outstanding value with an all-inclusive maintenance fee covering heat, air conditioning, hydro, water, cableTV and parking. Building amenities include 24 hour gated security, an outdoor swimming pool and ample visitor parking. Ideally located in a welcoming, established neighbourhood just minutes from shopping, transit, schools, restaurants and everyday convenience. Move in and enjoy as is, or renovate and create a home perfectly suited to your own style. A wonderful opportunity for buyers looking for space, convenience and value in a sought-after community.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$1,182
LockerExclusive
BalconyNone
ExposureNorth
Parking TypeBuilt-In
Parking Spaces1
Parking FeaturesUnderground, Reserved/Assigned
Property Tax$3,282
mls© NumberN14119734
Listed ByHARVEY KALLES REAL ESTATE LTD.
Heat Included
Hydro Included
Water Included
Cable TV Included
CAC 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%
$2,969
Property tax
$273
Heat allowance
$150
Condo fees, half counted
$591
Housing costs
$3,983 / mo

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

Down payment20% · $116,000
25-yr amortization

Income needed

$123,000

gross annual household income

Payment at 4%
$2,441 / mo
Cash down
$116,000

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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