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Listed 1 month ago

602 - 3050 Ellesmere Road E

Morningside, Toronto

$348,000

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

Excellent Location, Steps To Centennial College & University Of Toronto Scarborough Campus. 2 Bedroom 2 full bathroom, Living room is converted into 3rd bedroom but easy to reverse back. East exposure views the courtyard and green belt, Laminate thru, Brand New Fan coil. En-suite Laundry. 24 Hours concierge. indoor pool, gym, party room, a lot of visitor parking, surrounded by parks.

Extras

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$877
LockerNone
BalconyNone
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,266
mls© NumberE13475666
Listed ByGOGREEN PROPERTY CONSULTING INC.
CAC Included
Common Elements Included
Heat Included
Hydro Included
Building Insurance Included
Parking Included
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%
$1,781
Property tax
$106
Heat allowance
$150
Condo fees, half counted
$439
Housing costs
$2,475 / mo

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

Down payment20% · $69,600
25-yr amortization

Income needed

$76,000

gross annual household income

Payment at 4%
$1,464 / mo
Cash down
$69,600

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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