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Listed 29 days ago

TH135 - 5 Elsie Lane

Dovercourt-Wallace Emerson-Junction, Toronto

$809,900

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

Available for the first time since 2012, this spacious open concept 2 Bedroom + den unit comes with a brand new owned Navien tankless water heater (No monthly rental payments), A 6 months old dishwasher & one underground parking spot (Bye Bye overheating & snow removal!). The corner location within the complex provides added privacy & quietness. Its two-storey configuration is ideal to separate your public & private lives with the main floor offering a combined living & dining space to entertain, the laundry and mechanical room, a walk-out to the terrace where BBQ's are permitted & a modern kitchen with full-sized stainless steel appliances, granite countertops & generous storage for the chef in you. The upper floor is where you will find your den for your home office, a 4-piece bathroom & both bedrooms with windows in each & a walk-in closet in the primary. The location is hard to beat with Dundas West station & the Up Express walking distance, which makes a quick commute anywhere possible! Groceries, restaurants, shopping and more are just a jaunt away too. You can also easily access both High Park & The Junction neighbourhoods for live music, more errands & shopping. The current tenants have called it home for eight years. It makes a great home for young professionals!

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Townhouse
StyleStacked Townhouse
Approx. Age11-15
Size800-899 sq. ft.
Maintenance Fees$444
LockerNone
BalconyTerrace
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,748
mls© NumberW13533162
Listed ByROYAL LEPAGE SIGNATURE REALTY
Common Elements Included
Building Insurance Included
Water 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%
$4,145
Property tax
$312
Heat allowance
$150
Condo fees, half counted
$222
Housing costs
$4,830 / mo

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

Down payment20% · $161,980
25-yr amortization

Income needed

$149,000

gross annual household income

Payment at 4%
$3,408 / mo
Cash down
$161,980

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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