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Listed 21 days ago

816 - 2550 Lawrence Avenue E

Dorset Park, Toronto

$529,000

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

*Amazing Location! Rare Corner Unit On The Floor With Close Access To A Huge Open Terrace Patio Right Next Door, Offering Beautiful Views. This Spacious 2-bedroom, 2 Full-bath Suite Features A Large Living Area, A Dedicated Dining Space, And A Separate Kitchen With A Convenient Serving Window. The Unit Is Filled With Natural Light And Has Been Meticulously Maintained. Maintenance Fees Include All Utilities (heat, Hydro, Water, And A/C). Laminate Flooring Runs Throughout The Unit. The Large Primary Bedroom Includes A 4-piece Ensuite With A Jacuzzi Jet Bathtub. A Dedicated, Enclosed Laundry Area Is Located In The Second 4-piece Bathroom. Includes Underground Parking With Remote Access, Fob-secured Building Entry, And A Secure Mailbox. Building Amenities Include A Gym, Indoor Pool, Jacuzzi, Billiards Room, Table Tennis Party Room, Kids Playground, And Plenty Of Visitor Parking And 24-hour Concierge Service. The Entire Building Is Monitored By CCTV Surveillance. Ideally Located Close To Kennedy Subway & GO Station, With TTC At Your Doorstep, And Near Schools, Places Of Worship, Libraries Parks, Shopping, Hospitals, Highway 401, And More.

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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
Size900-999 sq. ft.
Maintenance Fees$797
LockerNone
BalconyNone
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,662
mls© NumberE13562282
Listed ByHOMELIFE/FUTURE 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%
$2,708
Property tax
$139
Heat allowance
$150
Condo fees, half counted
$399
Housing costs
$3,395 / mo

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

Down payment20% · $105,800
25-yr amortization

Income needed

$104,000

gross annual household income

Payment at 4%
$2,226 / mo
Cash down
$105,800

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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