| Heat Included | |
| Water Included | |
| Building Insurance Included | |
| Common Elements Included | |
| CAC Included |
Price Change$528,000
2407 - 3 Michael Power Place
Islington-City Centre West, Toronto
$590,000
Condo Apartment |
2 | 2 | 1 | 1
About this home
Freshly Painted! Brand New Vinyl Flooring Installed in Living, Dining and both bedrooms! Bright and Spacious End Unit in Michael Power Place! Split 2-Bedroom @ Bath Premium Floor Plan Boasting 880 Sq Ft and 46 Sq. Ft Balcony! Ensuite Laundry with Storage. 1 Underground Parking Space & 1 Storage Locker Included! **Well Managed Building with Professional, Friendly Conceirge! Closet organizers in both bedrooms.
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Milad Momtaz Azad
(647) 510-8858
Julian Kashani
(416) 837-7775| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 800-899 sq. ft. |
| Maintenance Fees | $865 |
| Locker | Owned |
| Balcony | Open |
| Exposure | South |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $2,540 |
| mls© Number | W13574768 |
| Listed By | RE/MAX PROFESSIONALS INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,020
- Property tax
- $212
- Heat allowance
- $150
- Condo fees, half counted
- $433
- Housing costs
- $3,814 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $118,000
25-yr amortization
Income needed
$117,000
gross annual household income
- Payment at 4%
- $2,483 / mo
- Cash down
- $118,000
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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