2016 8 Park Road, Toronto

We have found 6 Condos that closely match the specifications of the property located at 2016 8 Park Road with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 479,000 and 760,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Condos in the M4W3S5 postal code area of Toronto Ontario Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 2016 8 Park Road. The current price of the property is $569,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $455,200. This would result in a monthly mortgage payment of $2,661 over a 25-year amortization period.