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Listed 13 days ago

LPH04 (1804) - 55 Speers Road

1002 - CO Central, Oakville

$769,000

Condo Apartment |
2 | 2 | 2 | 1
About this home

Stunning lower penthouse corner suite at Rain Condos with incredible views of Lake Ontario from every side of the home and the Toronto skyline across the water. Suite 1804 (LPH04) offers 1,179 square feet of bright, open living space with southeast exposure, two bedrooms, a large balcony, two side by side parking spots close to the building entrance, and a locker. Floor to ceiling windows wrap the corner and flood the living and dining area with natural light, and the balcony is the perfect spot to take in the lake and the skyline. The massive primary bedroom easily handles a king bed and offers two closets, while the large washroom features a full bathtub plus a separate shower. The second bedroom is bright and versatile, ideal as a guest room, office or both. The suite shows beautifully and is move in ready. Rain residents enjoy hotel style amenities including 24 hour concierge, indoor pool, hot tub, sauna, fitness centre, party room, guest suites and a rooftop terrace with BBQs. Located in the heart of Kerr Village, steps to shops, cafes and restaurants, a short walk to the Oakville GO station and minutes to downtown Oakville, the waterfront and the QEW. Suites with two parking spots rarely come to market.

Extras

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$1,045
LockerExclusive
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces2
Parking FeaturesUnderground
Property Tax$4,190
mls© NumberW13593356
Listed ByRIGHT AT HOME REALTY
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%
$3,936
Property tax
$349
Heat allowance
$150
Condo fees, half counted
$523
Housing costs
$4,958 / mo

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

Down payment20% · $153,800
25-yr amortization

Income needed

$153,000

gross annual household income

Payment at 4%
$3,236 / mo
Cash down
$153,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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