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Listed 3 months ago

203 - 2365 Central Park Drive

1015 - RO River Oaks, Oakville

$549,900

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

Rare 2 Bedroom 2 full bathroom unit in North Oakville's River Oaks Community. The corner unit with windows on 2 sides giving lots of natural light faces the park, community gardens and pond with north and west facing 65 sq foot balcony for sunset views. on the 2nd floor for easy accessibility the unit has been maintained and updated. The primary bedroom has its own bathroom while a 2nd full bathroom can accommodate guests and the 2nd bedroom. The building has a beautiful outdoor pool with loungers and community BBQ area as well as a indoor Sauna, fully equipped gym and a party room. Lots of visitor parking and one underground parking plus a locker. This luxury building shows off its class and the rare corner unit is a excellent place to call home. North Oakville awaits its newest resident. Additional parking spots are available for rent in the building.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size800-899 sq. ft.
Maintenance Fees$860
LockerOwned
BalconyTerrace
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,921
mls© NumberW13211316
Listed BySutton Group Quantum Realty Inc., Brokerage
Heat Included
Water 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.

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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%
$2,815
Property tax
$243
Heat allowance
$150
Condo fees, half counted
$430
Housing costs
$3,638 / mo

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

Down payment20% · $109,980
25-yr amortization

Income needed

$112,000

gross annual household income

Payment at 4%
$2,314 / mo
Cash down
$109,980

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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