| Common Elements Included | |
| Building Insurance Included |
Listed 1 month ago
26 - 40 Orchid Place Drive
Malvern, Toronto
$499,999
Condo Townhouse |
2 | 2 | 1 | 0
About this home
A Golden Opportunity For The First Time Buyers!! 2 Bedroom and 2 Washrooms Stunning Condo Townhouse In The Heart of Scarborough. Master Bed With Walk-in-Closet, Elegant Backsplash In the Kitchen, 2nd Floor Laundry, Upgraded Laminate On The Main Floor, Private Balconies On Both Floors. Mins To Hwy 401 and Close To Centennial College, Parks, Public Transit, Shops, 5 Mins Walk To Future Lrt Terminal.
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Milad Momtaz Azad
(647) 510-8858
Julian Kashani
(416) 837-7775| Type | Condo Townhouse |
| Style | Stacked Townhouse |
| Approx. Age | Not available |
| Size | 1000-1199 sq. ft. |
| Maintenance Fees | $423 |
| Locker | None |
| Balcony | Open |
| Exposure | North |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $3,356 |
| mls© Number | E13490088 |
| Listed By | HOMELIFE SILVERCITY REALTY INC. |
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%
- $2,559
- Property tax
- $280
- Heat allowance
- $150
- Condo fees, half counted
- $212
- Housing costs
- $3,201 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $100,000
25-yr amortization
Income needed
$98,000
gross annual household income
- Payment at 4%
- $2,104 / mo
- Cash down
- $100,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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