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Listed 11 days ago

1201 - 8119 Birchmount Road

Unionville, Markham

$508,000

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

Welcome to Gallery Square - Unit 1201, Where Modern Design Meets Exceptional Convenience. This Bright And Spacious 1+1 Bedroom Suite Features A Smart Open-concept Layout, Ideal For Both Comfortable Living And Entertaining. Oversizes Windows Fill The Space With Natural Light, Creating An Inviting And Airy Atmosphere. Enjoy 24-hour Concierge Service For Added Peace Of Mind And Security. Perfectly Situated In The Heart Of Markham, You Are Steps To The Civic Centre, Supermarket, Restaurants, YMCA, And Within The Catchment Of Top-ranking Unionville Schools. Commuters Will Appreciate The Quick Access To Highways 404 & 407, GO Transit, And All Major Amenities.An Excellent Opportunity For Homeowners And Investors Alike-urban Living At Its Finest.

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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$430
LockerOwned
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,164
mls© NumberN13605188
Listed ByFIRST CLASS REALTY INC.
Heat Included
Water Included
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%
$2,600
Property tax
$180
Heat allowance
$150
Condo fees, half counted
$215
Housing costs
$3,145 / mo

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

Down payment20% · $101,600
25-yr amortization

Income needed

$97,000

gross annual household income

Payment at 4%
$2,138 / mo
Cash down
$101,600

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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