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1 / 0
New5 hours ago

306 - 280 Simcoe Street

Kensington-Chinatown, Toronto

$700,000

Condo Apartment |
2 | 2 | 1 | 0
About this home

Great Value, Perfect Downtown Location, Optimal Layout!!! This Optimal Layout of 1410 Sq Ft is Design with Ultimate Comfort and Functionality in Mind. Two Large Split Bedrooms and Bathrooms Provides Convenient & Privacy for Guests & Owner. A Bright Beautiful Glass Solarium to Enjoy Reading and Sipping a Cup of Tea while Basking in the Warm Sunlight. Kitchen is Open and Accessible to Entertain Gathering in Open Concept Dining and Living Room Area. The Primary Room has a Large Dressing Room, Walk In Closet & 4 Piece Ensuite. Quiet Luxurious Building with Excellent 24 Hour On-Site Security. Located Minutes from - AGO, U Of T, TTC, Toronto Metropolitan University, Eaton Centre, ROM, Chinatown, Kensington Market, Financial District, Queen West, Hospitals, Restaurants and Shopping. Rarely Available Private underground Parking. Rooftop Patio with Great View of the City. Please see 3D Virtual Tour. Unit Sold As Is.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age31-50
Size1400-1599 sq. ft.
Maintenance Fees$1,163
LockerNone
BalconyNone
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$4,435
mls© NumberC13670392
Listed ByCENTURY 21 REGAL REALTY INC.
Parking Included
Common Elements Included
Heat Included
Water Included
CAC Included
Hydro 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%
$3,583
Property tax
$370
Heat allowance
$150
Condo fees, half counted
$582
Housing costs
$4,684 / mo

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

Down payment20% · $140,000
25-yr amortization

Income needed

$144,000

gross annual household income

Payment at 4%
$2,946 / mo
Cash down
$140,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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