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New4 days ago

1816 - 188 Fairview Mall Drive

Don Valley Village, Toronto

$550,000

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

Beautiful & bright Condo!! Gorgeous View!! 9 Feet Ceiling. 1 BEDROOM + LARGE DEN, CAN BE USED AS A SECOND BEDROOM. Fabulous Amenities: Gym, Fitness Room, Rooftop Deck, Bbqs, Concierge & More, Just ACROSS FROM FAIRVIEW MALL, Step to Library, Schools, Cineplex theatre, bus, subway, Restaurants shoppers drug marts ,located beside Hwy 401 & DVP.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size500-599 sq. ft.
Maintenance Fees$418
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,662
mls© NumberC13726364
Listed ByHOMELIFE/CIMERMAN REAL ESTATE LIMITED
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%
$2,815
Property tax
$222
Heat allowance
$150
Condo fees, half counted
$209
Housing costs
$3,396 / mo

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

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

Income needed

$104,000

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

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