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New3 hours ago

745 - 26 Gibbs Road

Islington-City Centre West, Toronto

$375,000

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

Discover modern living at Park Terraces! This spacious one-bedroom suite offers a smart, functional layout with contemporary finishes, large windows and an abundance of natural light. The sleek kitchen features an integrated fridge, stainless steel appliances, quartz countertops and a versatile island/table. Parking is included, adding even more convenience. Enjoy an impressive range of amenities including concierge service, an outdoor pool, gym, party room, media room, rooftop terrace with BBQs, sauna, library and children's playground. Commuters will love the shuttle service to Kipling Station, with TTC, Kipling GO, Hwy 427, QEW, Gardiner and Hwy 401 all nearby. Just minutes from Cloverdale Mall, Loblaws, restaurants, parks, Toronto Public Library and more. A fantastic opportunity to enjoy comfort, convenience and connectivity in one great location.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size500-599 sq. ft.
Maintenance Fees$493
LockerNone
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,900
mls© NumberW13875704
Listed ByCENTURY 21 LEADING EDGE REALTY INC.
Common Elements Included
Building Insurance Included
Parking 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%
$1,919
Property tax
$158
Heat allowance
$150
Condo fees, half counted
$246
Housing costs
$2,474 / mo

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

Down payment20% · $75,000
25-yr amortization

Income needed

$76,000

gross annual household income

Payment at 4%
$1,578 / mo
Cash down
$75,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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