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Listed 4 months ago

1502 - 28 Sommerset Way

Willowdale East, Toronto

$1,028,000

Condo Townhouse |
3 | 3 | 1 | 0
About this home

New renovations and upgrades recently done. New hardwood floors on stairs and all three floors. New plumbing fixtures added along with a fresh coat of paint on all walls. The kitchen is newly renovated, and there are new appliances as well. This is a luxury townhouse built by Tridel that provides 1,492 square feet of living space. Some notable features include a skylight on the 3rd floor and a balcony that can be used for BBQ or relaxation. Perfect for families with children and retirees. The townhouse is in the high demand Finch / Yonge area in the heart of North York City Centre. It is also in the famous Earl Haig School district and is also close to McKee PS and the Claude Watson School for the Arts. There are many parks nearby, and is steps to numerous amenities such as supermarkets, restaurants, pharmacies, recreational facilities, cafes, interesting retail stores, along with proximity to the North York Central Public Libraby and North York Civic Centre. The townhouse is super convenient being located only a 5 minutes walk to Finch subway station, GO bus terminal, VIVA bus terminal, and only a few minutes drive to HWY 401. There is also direct elevator access to an underground parking lot with a car wash and 24 hours security.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Townhouse
Style3-Storey
Approx. Age16-30
Size1400-1599 sq. ft.
Maintenance Fees$798
LockerNone
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$4,660
mls© NumberC13128190
Listed ByCULTURELINK REALTY INC.
Common Elements Included
Condo Taxes 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%
$5,262
Property tax
$388
Heat allowance
$150
Condo fees, half counted
$399
Housing costs
$6,199 / mo

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

Down payment20% · $205,600
25-yr amortization

Income needed

$191,000

gross annual household income

Payment at 4%
$4,326 / mo
Cash down
$205,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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