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New3 hours ago

1012 - 25 Neighbourhood Lane

Stonegate-Queensway, Toronto

$672,000

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

PRICE INCLUDES 2 PARKING SPOTS AND 2 LOCKER UNITS. Welcome to Queensview at Backyard Condos.This thoughtfully designed Soar Model offers anexceptional 2+1 bedroom, 2-bathroom layout, complemented by a spacious balcony with stunning,unobstructed views of the CN Tower and Lake Ontario. The bright, open-concept interior featurespremium finishes throughout, including sleek stainless steel appliances, elegant valancelighting, a contemporary backsplash, and an abundance of natural light. The versatile denprovides the perfect space for a home office, guest area, or additional living space. Residentsenjoy an impressive selection of amenities, including 24-hour security, a fully equippedfitness centre, and a convenient pet spa. Whether you're a first-time homebuyer, investor, orlooking to upgrade your lifestyle, this exceptional residence offers the perfect combination ofmodern design, comfort, and breathtaking views. A must-see opportunity in one of the area'smost desirable communities! 3rd parking spot and locker are available if needed.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNew
Size800-899 sq. ft.
Maintenance Fees$679
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeAttached
Parking Spaces2
Parking FeaturesUnderground
Property Tax$3,169
mls© NumberW13734134
Listed ByROYAL LEPAGE SIGNATURE REALTY
Heat Included

Listing History

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  • 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%
$3,440
Property tax
$264
Heat allowance
$150
Condo fees, half counted
$340
Housing costs
$4,193 / mo

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

Down payment20% · $134,400
25-yr amortization

Income needed

$129,000

gross annual household income

Payment at 4%
$2,828 / mo
Cash down
$134,400

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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