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New2 hours ago

208 - 236 Albion Road

Elms-Old Rexdale, Toronto

$438,800

Condo Apartment |
3 | 2 | 1 | 0
About this home

Attention First-Time Home Buyers, Investors & Downsizers!Welcome to this spacious and sun-filled 3-bedroom, 2-washroom condo, offering approximately 1,177 sq. ft. of comfortable living space. Enjoy your morning coffee or unwind in the evening on the huge walkout balcony.The unit features laminate flooring throughout, convenient in-suite laundry, underground parking, and a functional layout that is ideal for families, first-time buyers, or investors. Maintenance fees include water, hydro, central A/C, central heating, underground parking, and access to excellent building amenities such as an outdoor pool, exercise room, party room, sauna, and common elements - providing exceptional value with low property taxes and maintenance fees.Ideally located with easy access to Hwy 401, 427, and 400, TTC, shopping, schools, parks, golf courses, and places of worship. The property is conveniently situated near Brampton, Mississauga, Vaughan, and Downtown Toronto.Motivated seller! Don't miss this great opportunity for first-time homebuyers, downsizers, or investors seeking a spacious property in a prime location with excellent value and convenience.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$1,015
LockerNone
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$935
mls© NumberW13732808
Listed ByHOMELIFE/MIRACLE REALTY LTD
Heat Included
Building Insurance Included
Common Elements Included
Water Included
CAC 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%
$2,246
Property tax
$78
Heat allowance
$150
Condo fees, half counted
$508
Housing costs
$2,981 / mo

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

Down payment20% · $87,760
25-yr amortization

Income needed

$92,000

gross annual household income

Payment at 4%
$1,847 / mo
Cash down
$87,760

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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