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Kensington-Chinatown, Toronto
$1,799,000
Every King/Queen of Kensington Needs a Palace To Call Their Own. Introducing 6 Littlehayes Lane - An Iconic Architectural 5 Level, Loft-Like Laneway Gem In The Heart Of Vibrant Kensington Market. Generating Over $103,000 In Annual Rental Income, This Zoned Commercial/Residential, Live/Work Property Is Well-Suited For A Variety Of Uses: For Business, Family, Investors Or Live-In & Collect Rent. A Truly New York-Style Multi-Unit Space Offering. You Will Love The Mesmerizing Panoramic Views Of The City Skyline From The Rooftop, Complete With A 7-Person Hot Tub - The Perfect Spot For Entertaining. Did We Mention The Wood-Burning Fireplace On The 3rd Floor? Truly A One-Of-A-Kind Opportunity. Monthly Rental Parking May Be Available Nearby.
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| Type | Detached |
| Style | 3-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $7,021 |
| Lot Size | 20.16 ft x 26.83 ft |
| mls© Number | C13662606 |
| Listed By | ROYAL LEPAGE SIGNATURE REALTY |
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%
- $9,208
- Property tax
- $585
- Heat allowance
- $150
- Housing costs
- $9,943 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$306,000
gross annual household income
- Payment at 4%
- $7,570 / mo
- Cash down
- $359,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
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Comparable sales
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