The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
A wonderful opportunity to own this very spacious two-bedroom plus solarium unit. This unit is Illuminated with lots of natural light throughout. Located conveniently in the highly desirable Rouge community. This Condo boasts a very large solarium allowing maximum natural light throughout the day, creating a spacious, airy living and dining area rarely found in a condo. This unit is a must see. The building, offers fantastic amenities, including an indoor swimming pool, sauna, exercise/gym room, outdoor tennis court, squash court, party room for larger gatherings. A beautifully landscaped green space for peaceful walks to connect with nature. This is a prime location, with public transit at your doorstep and easy access to nearby Tim Hortons, grocery stores, parks, and the scenic Rouge Valley. Hiking trails and the stunning Rouge Beach just moments away, very quick access to the 401 and local restaurants Experience an incredible condo lifestyle in a welcoming neighborhood. This unit is large enough to accommodate a family..
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,906/mo
Mortgage (principal + interest)$1,833
Property taxFrom listing: $2,010/yr$168
Condo feesFrom listing$905
Minimum $24,500 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$98,000
Ontario land transfer taxProvincial brackets, no first-time refund$6,275
Toronto land transfer taxMunicipal brackets, no first-time refund$6,275
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$113,350
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
