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Kensington-Chinatown, Toronto
$409,000
Greatly reduced price! This is the unique opportunity you have been waiting for, do not miss it. Best price for a one bedroom unit with the full package in the University of Toronto neighbourhood. Price includes underground parking spot and locker! Opportunity to live in a boutique condo building in a fantastic central location, steps to University of Toronto campus and the Art Gallery of Ontario. This spacious and functional layout 1 bedroom unit offers tremendous value with generous living space. Ensuite laundry included. This is a Vacant empty unit (never tenanted) and in good condition to move right in. Floors recently refinished and the unit freshly painted. This is a very peaceful and quiet building. Perfect for first time buyers, investors or as a pied-à-terre in the city. So central but with a neighbourhood feel close to Chinatown, Queen Street's trendy shops, Kensington Market, Baldwin Village and Grange Park. The big downtown hospitals are within walking distance as is the financial core. Extremely convenient location with 100 walk score and 99 transit score.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $993 |
| Locker | Exclusive |
| Balcony | None |
| Exposure | South |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $2,079 |
| Lot Size | x |
| mls© Number | C13764812 |
| Listed By | WRIGHT REAL ESTATE LTD. |
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%
- $2,093
- Property tax
- $173
- Heat allowance
- $150
- Condo fees, half counted
- $497
- Housing costs
- $2,913 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$90,000
gross annual household income
- Payment at 4%
- $1,721 / mo
- Cash down
- $81,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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