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New53 minutes ago

3301 - 16 BROOKERS Lane

Mimico, Toronto

$689,900

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

Fantastic!! Corner Unit!! Most Sought After Layout. Gourmet Kitchen. Open Concept Layout!! Gorgeous Views from Balcony! 24 Hour Security!! Bus at Door!! Shows 10+++

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$841
LockerOwned
BalconyOpen
ExposureNorth West
Parking TypeNone
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,267
mls© NumberW13781798
Listed ByHOMELIFE/RESPONSE REALTY INC.
Heat Included
Water 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%
$3,531
Property tax
$272
Heat allowance
$150
Condo fees, half counted
$420
Housing costs
$4,374 / mo

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

Down payment20% · $137,980
25-yr amortization

Income needed

$135,000

gross annual household income

Payment at 4%
$2,903 / mo
Cash down
$137,980

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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