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Listed 3 months ago

TH05 - 51 Paul Lane Gardens

Kensington-Chinatown, Toronto

$1,599,000

Condo Townhouse |
3 | 3 | 2 | 1
About this home

Discover & delight in all that this contemporary end-row downtown townhome has to offer! Perfect for those seeking a discrete & quiet oasis in within Toronto's vibrant downtown-west. This expansive & bright 3 bedroom, 2.5 bath townhome is perfect for urban professionals and families alike. The open concept main floor's living, dining, & chef's kitchen is perfect for entertaining, while the family room below offers a retreat from the buzz of the city. Additional highlights: ground floor entry via interior garden/parkette + super discrete secondary entry via exclusive underground 2-spot tandem parking; private fenced rear yard w/ gas hookup for summer bbqs; spectacular 3rd floor primary suite w/ 5pc ensuite bath, wic, 2nd closet, & custom vanity. Amenities include a 24-hour gym and fitness space, steam rooms, sauna, and more. Steps away from highly acclaimed establishments such as Alo & Barchef; a hop away from The Well and Queen West Fashion District boutiques. Enjoy all that Queen & King West, the Entertainment/Theatre district, Kensington Market, Chinatown, and Dundas West has to offer. Future Ontario Line subway stop is around the corner + easy access to multiple LRT & tram lines + the Gardiner.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Townhouse
Style3-Storey
Approx. Age6-10
Size2000-2249 sq. ft.
Maintenance Fees$1,633
LockerOwned
BalconyTerrace
ExposureNorth South
Parking TypeUnderground
Parking Spaces2
Parking FeaturesUnderground
Property Tax$8,540
mls© NumberC13226026
Listed ByBOSLEY REAL ESTATE LTD.
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%
$8,184
Property tax
$712
Heat allowance
$150
Condo fees, half counted
$817
Housing costs
$9,863 / mo

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

Down payment20% · $319,800
25-yr amortization

Income needed

$303,000

gross annual household income

Payment at 4%
$6,729 / mo
Cash down
$319,800

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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