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Listed 1 month ago

1601 - 2645 Kipling Avenue

Mount Olive-Silverstone-Jamestown, Toronto

$298,000

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

Do not miss this incredible opportunity! * Bright, Updated condo in established, well-connected Mount Olive-Silverstone-Jamestown location * This is the functional condo layout you've been looking for! * Including 1 parking space, great layout, modern touches throughout, and incredible value! * Custom, ample storage greets you on entry * Leading the way to a spacious, versatile living area with walk-out to large balcony * Separate, open-concept dining area with large window * And updated kitchen features modern cabinetry, sleek countertops, and a stylish backsplash, offering both function and a clean, contemporary feel * The bedroom is oversized with ample closet space, while the updated bathroom features full-height tile and a fresh, neutral finish * Step outside to enjoy the peace & quiet that comes with an elevated unit, and wide, unobstructed views of Humberview Park! * Steps to transit, easy access to Hwy 427, and close to everyday conveniences like grocery stores, parks, schools, and local shops * Perfect for first-time buyers, downsizers, or investors * Great space, functionality, and long-term potential! * Some photos are digitally enhanced and/or virtually staged

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$433
LockerNone
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$528
mls© NumberW13494046
Listed ByCENTURY 21 HERITAGE GROUP LTD.
Common Elements Included
Building Insurance Included
Water Included
Parking Included
Cable TV Included
Heat 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%
$1,525
Property tax
$44
Heat allowance
$150
Condo fees, half counted
$217
Housing costs
$1,936 / mo

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

Down payment20% · $59,600
25-yr amortization

Income needed

$60,000

gross annual household income

Payment at 4%
$1,254 / mo
Cash down
$59,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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