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Listed 6 months ago

125 - 125 Village Green Square

Agincourt South-Malvern West, Toronto

$134,900

Condo Apartment |
0 | 0 | 5 | 0
About this home

5 Premium Parking Spots For Sale ! Great Little Investment With No/Very Little Overhead ! Can Also Be Sold Individually ! Parking Spots Always 100% Leased ! No Maintenance Required ! Profitable Return - Don't Miss Out However You Must Own A Unit In The Building (Or 135 Village Greeen) In Order To Purchase Spots. Spot Numbers Are 32, 27 & 28, 56, 71. Total Monthly Income For All 5 Spots Is $750/Monthly ($9,000 Annual) With Virtually No Expenses Other Than Taxes And Mntnce Fees - See Amount(s) Below.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleOther
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$92
LockerNone
BalconyNone
ExposureEast West
Parking TypeSurface
Parking Spaces5
Parking FeaturesNone
Property Tax$698
mls© NumberE12872722
Listed ByRE/MAX ALL-STARS REALTY INC.
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$690
Property tax
$58
Heat allowance
$150
Condo fees, half counted
$46
Housing costs
$945 / mo

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

Down payment20% · $26,980
25-yr amortization

Income needed

$29,000

gross annual household income

Payment at 4%
$568 / mo
Cash down
$26,980

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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