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Listed 1 month ago

3M - 8 Rosebank Drive

Malvern, Toronto

$419,900

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

Welcome to this bright 1+1 bedroom condo, offering the perfect blend of modern style, comfort, and convenience. Ideally situated close to TTC, Highway 401, Scarborough Town Cent, schools, parks, shopping, Centennial College, and UFT, this home is perfect for professionals, students, first-time buyers, and investors alike.A functional layout features a versatile den which can be converted to a home office or guest BR. Open concept kitchen boasts granite countertops.Residents enjoy an impressive selection of building amenities, including a fully equipped fitness centre, games room, party room, TV/lounge room, guest suites, and 24-hour concierge service.

Extras

No extras listed.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$526
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,080
mls© NumberE13523044
Listed ByROYAL LEPAGE SIGNATURE REALTY
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%
$2,149
Property tax
$173
Heat allowance
$150
Condo fees, half counted
$263
Housing costs
$2,735 / mo

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

Down payment20% · $83,980
25-yr amortization

Income needed

$84,000

gross annual household income

Payment at 4%
$1,767 / mo
Cash down
$83,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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Comparable sales

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