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1 / 0
New1 hour ago

509 - 1 Lomond Drive

Islington-City Centre West, Toronto

$799,000

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

This bright and inviting suite offers a comfortable, low-maintenance lifestyle ideal for down-sizers, with over 1100 square feet and the flexibility to make the space your own. Large south-facing windows fill the open living and dining area with natural light, creating a welcoming setting for relaxing at home, entertaining, or simply enjoying the sunshine throughout the day. A walkout from the living room extends the space outdoors to a south facing balcony, offering a pleasant place to enjoy a morning coffee, read, or unwind. The connected eat-in kitchen provides a practical setting for preparing meals and gathering. A versatile second bedroom offers valuable flexibility, easily adapting to a home office, guest space, hobby room, or additional bedroom as your needs change. The primary bedroom provides a comfortable retreat with a walk-in closet and ensuite bathroom. With an opportunity to refresh and personalize the finishes to your own taste, this suite offers the space to create a home that fits your lifestyle and where less maintenance leaves more time for the things that matter. Residents enjoy a full range of amenities including a 24-hr concierge, party room, gym, billiards room and bicycle storage, while maintenance fees coverall utilities. One underground parking spot is conveniently located close to the elevator.Centrally located just minutes from parks, schools, shopping, transit and Islington station, in one of Etobicoke's most connected & vibrant communities, valued for its everyday convenience.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$1,223
LockerNone
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,806
mls© NumberW13786162
Listed ByKELLER WILLIAMS PORTFOLIO REALTY
Heat Included
Common Elements Included
Hydro Included
Building Insurance Included
Water Included
Parking Included
CAC 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%
$4,090
Property tax
$317
Heat allowance
$150
Condo fees, half counted
$611
Housing costs
$5,168 / mo

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

Down payment20% · $159,800
25-yr amortization

Income needed

$159,000

gross annual household income

Payment at 4%
$3,362 / mo
Cash down
$159,800

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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