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New3 hours ago

1806 - 88 Park Lawn Road

Mimico, Toronto

$599,000

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

Get A Panoramic View Of The Lake And A Glimpse Of The CN Tower. Wake Up Every Morning To Stunning Lake Views Right From Your Bedroom. Offering 850 Sq. Ft. Of Functional Living Space Plus A 50 Sq. Ft. Balcony With Breathtaking South-Facing Views. This Bright And Spacious Unit Comes Complete With Parking And A Locker. Exceptional Building Amenities Include Visitor Parking, Indoor And Outdoor Pools, Jacuzzi Hot Tub, Full Gym, Basketball And Squash Courts, Steam Room And Sauna, Media And Party Rooms, Spa Services, Guest Suites, And Beautifully Landscaped Outdoor Areas. Perfect For End Users And Investors Alike. The Current AAA Tenant Is Paying $3,350 Per Month And Is Willing To Stay Or Vacate, Offering Excellent Flexibility. Ideal For Professionals Commuting To The Downtown Core While Enjoying The Relaxed Lakeside Lifestyle. The Expansive Outdoor Entrance Area, Outdoor Pool, And Retail Stores Create A Resort-Like Ambiance. Walking Distance To Grocery Stores, Pharmacies, Coffee Shops, Waterfront Parks And Trails, Restaurants, And Transit Stops.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. Age11-15
Size800-899 sq. ft.
Maintenance Fees$791
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,499
mls© NumberW13728210
Listed ByCENTURY 21 ATRIA REALTY INC.
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%
$3,066
Property tax
$292
Heat allowance
$150
Condo fees, half counted
$395
Housing costs
$3,903 / mo

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

Down payment20% · $119,800
25-yr amortization

Income needed

$120,000

gross annual household income

Payment at 4%
$2,521 / mo
Cash down
$119,800

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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