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New3 days ago

1509 - 5 San Romano Way

Black Creek, Toronto

$449,000

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

Spacious & Well-Maintained 2-Bedroom, 2-Bathroom Condo Near Jane & Finch! Functional Layout With West Exposure, Laminate Flooring Throughout, Granite Kitchen Countertops & Convenient Ensuite Laundry. Well-Maintained Building With Security System/Cameras & Exercise Room. Maintenance Fees Include Heat, Hydro, Water, Parking, , Building Insurance & Common Elements. AAA Long-Term Tenant Currently Occupying The Unit And Willing To Stay, Providing An Excellent Option For Investors, Or Vacant Possession Can Be Arranged For End Users. Conveniently Located Near Shopping, Library, Hospitals, York University, Public Transit, Subway & Everyday Amenities (Photos are from previous Listing )

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$725
LockerEnsuite
BalconyOpen
ExposureWest
Parking TypeNone
Parking Spaces1
Parking FeaturesUnderground
Property Tax$981
mls© NumberW13830538
Listed BySKILL REALTY INC.
Heat Included
Hydro Included
Water 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.

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%
$2,298
Property tax
$82
Heat allowance
$150
Condo fees, half counted
$363
Housing costs
$2,892 / mo

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

Down payment20% · $89,800
25-yr amortization

Income needed

$89,000

gross annual household income

Payment at 4%
$1,889 / mo
Cash down
$89,800

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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