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Price Change$419,000

507 - 2901 Kipling Avenue

Mount Olive-Silverstone-Jamestown, Toronto

$519,000

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

!!!Attention !!! Great Opportunity for the First time Buyer or Investor. Beautiful & Spacious 2 Bedroom + 2 Full Washroom with 2 Parking, Condo In Very Demanding Location And Building. Open Concept Layout, Huge Living And Dining With Solarium. Master Bedroom With His / Her Closet And 4 Pc Ensuite, Big Locker In Unit For Storage And Ensuite Laundry. Close To All Amenities, School, TTC, Hwy 401,407, 427. Unobstructed North Exposure View Of The Park.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$841
LockerOwned
BalconyNone
ExposureSouth West
Parking TypeNone
Parking Spaces2
Parking FeaturesUnderground
Property Tax$1,109
mls© NumberW12929736
Listed ByHOMELIFE/MIRACLE REALTY LTD
Heat Included
Common Elements Included
Water Included
Building Insurance Included
Parking 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%
$2,656
Property tax
$92
Heat allowance
$150
Condo fees, half counted
$421
Housing costs
$3,319 / mo

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

Down payment20% · $103,800
25-yr amortization

Income needed

$102,000

gross annual household income

Payment at 4%
$2,184 / mo
Cash down
$103,800

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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