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Listed 3 months ago

320 - 102 Grovewood Common Drive

1008 - GO Glenorchy, Oakville

$509,000

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

Stunning Condo Unit With One Bedrom Plus Den Located In The Heart Of North Oakville's Preserve Community. Beautiful Modern Kitchen With A Large Island With A Sleek Quartz Countertop And Stainless Steel Appliances. Amazing Floor Plan With A Good Size Den And Bedroom. Features One Parking Spot And One Locker. Minutes From Essential Shops, Transit, Parks, Trails, Sheridan College, Restaurants & Hospital, A Must See !!

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size500-599 sq. ft.
Maintenance Fees$328
LockerOwned
BalconyTerrace
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,835
mls© NumberW13231060
Listed ByiCloud Realty Ltd.
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%
$2,605
Property tax
$153
Heat allowance
$150
Condo fees, half counted
$164
Housing costs
$3,072 / mo

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

Down payment20% · $101,800
25-yr amortization

Income needed

$95,000

gross annual household income

Payment at 4%
$2,142 / mo
Cash down
$101,800

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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