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New24 hours ago

3807 - 7 Mabelle Avenue

Islington-City Centre West, Toronto

$579,000

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

Steps to Islington subway station and minutes to Union Station, this Tridel built suite puts your whole commute on autopilot. In a market where more people are being called back to the office, that kind of access is worth paying attention to.Built in 2020, this suite offers 2 bedrooms plus a den, giving you a real spot to set up a home office instead of working off the couch or a corner of the bedroom.The suite is vacant and freshly painted, so there is no tenant to coordinate around and no work left for you to do before moving in.At 756 square feet, this is an efficient layout without waste, and it comes with an owned underground parking spot and an owned locker included in the price, something harder to find at this price point right now. Maintenance fees cover water, building insurance, and common elements, so your monthly costs stay predictable in a market where buyers are watching every dollar.Outside your door, Islington Village along Dundas Street West brings independent cafes, restaurants, and boutiques, Tom Riley Park is close by for green space, and Cloverdale Mall and the Kingsway shops cover the rest of your day to day needs. Highway access to the 401, 427, and Gardiner is close by too, for the days you do drive.South East exposure brings in good natural light through the day, with a Juliette balcony for fresh air. Two full bathrooms and ensuite laundry round out a suite that is ready to live in the moment you get the keys.

Extras

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age6-10
Size700-799 sq. ft.
Maintenance Fees$608
LockerOwned
BalconyJuliette
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,182
mls© NumberW13788690
Listed ByEXP REALTY
Common Elements Included
Building Insurance Included
Parking Included
Water 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%
$2,964
Property tax
$265
Heat allowance
$150
Condo fees, half counted
$304
Housing costs
$3,683 / mo

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

Down payment20% · $115,800
25-yr amortization

Income needed

$113,000

gross annual household income

Payment at 4%
$2,437 / mo
Cash down
$115,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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