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Listed 2 months ago

1205 - 215 Sherway Gardens Road

Islington-City Centre West, Toronto

$469,000

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

Perfect Investment Opportunity Buyer Must Assume The Tenant Rented Until August 2026 For $2200/Month. Tenant will to leave with 60 days notice before closing. Even Perfect for First Time Buyer. High Floor One Bedroom Suite In Prestigious One Sherway Tower. Three Featuring Open Concept Living & Dining Room W/Hardwood Floors And Floor To Ceilings Windows. Spacious Kitchen W/Granite Countertops And Breakfast Bar. Primary Bedroom W/Large Closet. 4-Piece Bathroom. Open Balcony W/Southwest Lake Views. Steps To Upscale Sherway Gardens, Ttc,Groceries, Trails, Hwys. Resort-Style Amenities: Indoor Pool, Hot Tub, Sauna, Steam Room, Theatre, Gym, Party Room, Visitor Parking, 24Hr Concierge & More. A Must See, do not miss it.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age11-15
Size500-599 sq. ft.
Maintenance Fees$438
LockerEnsuite+Common
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,860
mls© NumberW13468708
Listed ByRE/MAX REALTY SPECIALISTS INC.
Heat Included
Common Elements Included
Building Insurance Included
Water Included
Parking Included
Cable TV Included
CAC 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%
$2,401
Property tax
$155
Heat allowance
$150
Condo fees, half counted
$219
Housing costs
$2,925 / mo

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

Down payment20% · $93,800
25-yr amortization

Income needed

$90,000

gross annual household income

Payment at 4%
$1,974 / mo
Cash down
$93,800

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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