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Listed 21 days ago

412 - 55 Duke Street W

, Kitchener

$289,999

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

Spacious 1-Bedroom, 1-Bathroom apartment with a stunning balcony view - .Apartment and Appliances are in excellent and newer condition. This bright and modern unit features stainless steel appliances, convenient in-suite laundry, and newer finishes throughout. Ideally located with easy access to numerous amenities, and an LRT station right outside the building for effortless commuting.

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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
Size600-699 sq. ft.
Maintenance Fees$445
LockerNone
BalconyOpen
ExposureEast
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$3,283
mls© NumberX13674884
Listed ByRIGHT AT HOME REALTY
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,484
Property tax
$274
Heat allowance
$150
Condo fees, half counted
$222
Housing costs
$2,130 / mo

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

Down payment20% · $58,000
25-yr amortization

Income needed

$66,000

gross annual household income

Payment at 4%
$1,220 / mo
Cash down
$58,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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