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Listed 1 month ago

1902 - 234 Albion Road

Elms-Old Rexdale, Toronto

$359,000

Condo Apartment |
2 | 1 | 1 | 0
About this home

-bedroom, 1-bathroom condo with attractive features and a desirable location. Heres a summary of its key features: Key Features:1.Open-Concept Layout: A spacious, well-designed floor plan.2.Natural Light & Views: East exposure with plenty of sunlight. Large balcony offering views of the Humber River, a golf course, and the CN Tower.3. Flooring & Finishes: Laminate flooring throughout the living and dining areas. Pride of ownership evident in the units upkeep.4. Amenities & Utilities: Ensuite laundry for convenience. All utilities included in the maintenance fee.5.Location Benefits: Steps away from TTC, schools, parks, golf courses, and the Humber River. Minutes from highways 401 and 400, making it very commuter-friendly. This property offers a fantastic balance of convenience, lifestyle, and comfort, making it a must-see for potential buyers! **EXTRAS** All existing appliances owned by the seller

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$902
LockerNone
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$780
mls© NumberW13496798
Listed ByHOMELIFE DISTRICT REALTY
Heat Included
Water Included
Hydro Included
CAC Included
Common Elements Included
Parking Included
Building Insurance 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%
$1,838
Property tax
$65
Heat allowance
$150
Condo fees, half counted
$451
Housing costs
$2,504 / mo

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

Down payment20% · $71,800
25-yr amortization

Income needed

$77,000

gross annual household income

Payment at 4%
$1,511 / mo
Cash down
$71,800

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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