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New3 hours ago

602 - 38 Cameron Street

Kensington-Chinatown, Toronto

$575,000

Condo Apartment |
1 + 1 | 2 | 0 | 0
About this home

Beautiful Tri-Level Built Condo. In The Heart Of Downtown, Beautiful 1 Bedroom + Den Located At Spadina & Queen. Unobstructed West. Functional layout with laminate flooring throughout. Large Walk -In Closet In The Bedroom. Separate Den area to accommodate guests. Modern kitchen with stone countertops, island, and built-in stainless steel appliances. Minutes' Walk To Theatres, Restaurants, Chinatown, Bars, Shops, Streetcar Stop, And More. Close To University Of Toronto. 9 Ft Ceilings, Ensuite Laundry, 24 Hrs. Concierge, Fitness Centre, Theatre

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$612
LockerNone
BalconyOpen
ExposureWest
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$3,253
mls© NumberC13742678
Listed ByGLOBAL BRICKS EXECUTIVE HOMES REALTY
Heat Included
Water Included
CAC Included
Building Insurance Included

Listing History

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

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$2,943
Property tax
$271
Heat allowance
$150
Condo fees, half counted
$306
Housing costs
$3,670 / mo

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

Down payment20% · $115,000
25-yr amortization

Income needed

$113,000

gross annual household income

Payment at 4%
$2,420 / mo
Cash down
$115,000

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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