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Price Change$699,000

114 - 371 Orton Park Road

Morningside, Toronto

$550,000

Condo Townhouse |
3 | 2 | 2 | 0
About this home

First Time Home Buyers/Investors Heaven!!!Townhome unit. This bright and spacious 3-bedroom townhouse in the East End offers up to 1300square feet of potential-filled living space. With a walk-out basement leading to a private backyard, this property featuring low maintenance fees. Ideally located near top schools, shopping centers, parks, trails, and essential amenities including U of T, Centennial College,24-hour TTC access, Scarborough Health Network Hospital, Highway 401, malls, and plazas this home presents a great opportunity for those looking to make it their own or investment. **EXTRAS** all existing appliances, Hot water Tank (Owned), Air Condition (2023), Furnace (2023),Fridge(2023), Stove (2024)

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Townhouse
Style2-Storey
Approx. Age31-50
Size1200-1399 sq. ft.
Maintenance Fees$365
LockerNone
BalconyNone
ExposureEast
Parking TypeBuilt-In
Parking Spaces2
Parking FeaturesPrivate
Property Tax$2,165
mls© NumberE12397615
Listed ByHOMELIFE NEW WORLD REALTY INC.
Water 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%
$2,815
Property tax
$180
Heat allowance
$150
Condo fees, half counted
$182
Housing costs
$3,328 / mo

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

Down payment20% · $110,000
25-yr amortization

Income needed

$102,000

gross annual household income

Payment at 4%
$2,314 / mo
Cash down
$110,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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