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Listed 2 months ago

#510 - 4064 Lawrence Avenue E

West Hill, Toronto

$299,000

Condo Apartment |
4 | 2 | 3 | 1
About this home

Well-maintained two-story townhouse offering excellent flexibility and income potential. The main floor features two bedrooms, a full washroom, in-suite washer/dryer, functional kitchen, and a large open balcony. The self-contained lower level with private entrance includes two bedrooms, a washroom, in-suite washer/dryer, open-concept living area. Additional income from three underground parking spaces rented at $100/month each and one large locker rented at $250/month. Ideal for investors or end-users seeking a mortgage helper while enjoying a spacious primary residence.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
Style2-Storey
Approx. Age31-50
Size1600-1799 sq. ft.
Maintenance Fees$1,877
LockerExclusive
BalconyOpen
ExposureEast
Parking TypeNone
Parking Spaces3
Parking FeaturesUnderground
Property Tax$1,418
mls© NumberE13446982
Listed ByCENTURY 21 TITANS REALTY INC.
Cable TV Included
CAC Included
Common Elements Included
Heat 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%
$1,530
Property tax
$118
Heat allowance
$150
Condo fees, half counted
$938
Housing costs
$2,737 / mo

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

Down payment20% · $59,800
25-yr amortization

Income needed

$84,000

gross annual household income

Payment at 4%
$1,258 / mo
Cash down
$59,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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