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Listed 17 days ago

531 - 5 Mabelle Avenue

Islington-City Centre West, Toronto

$398,800

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

Luxury Tridel 1-Bedroom Condo with 1 Parking Space, ideally located in the heart of City Centre! This bright and spacious suite features a highly functional open-concept layout, large windows, and laminate flooring throughout. The modern kitchen is equipped with granite countertops and stainless steel appliances, while the unit offers beautiful, unobstructed views. Conveniently located just steps to Islington Subway Station with easy access to Hwy 427, the QEW, and Hwy 401. Residents enjoy exceptional, state-of-the-art amenities, including an indoor swimming pool, concierge, fitness center, basketball court, theatre, yoga and spin studios, guest suites, visitor parking, and much more.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size500-599 sq. ft.
Maintenance Fees$386
LockerNone
BalconyJuliette
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,938
mls© NumberW13581490
Listed ByFIRST CLASS REALTY INC.
Common Elements 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%
$2,041
Property tax
$162
Heat allowance
$150
Condo fees, half counted
$193
Housing costs
$2,546 / mo

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

Down payment20% · $79,760
25-yr amortization

Income needed

$78,000

gross annual household income

Payment at 4%
$1,678 / mo
Cash down
$79,760

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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