$849,999

For sale

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#420 160 Baldwin St Street, Toronto (Kensington-Chinatown) - Single Family for Sale

#420 160 Baldwin St Street, Toronto (Kensington-Chinatown), Ontario, M5T3K7

1 bed2 baths1 parking ft²

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Investment analysis

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$849,999

Toronto

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Description

DRASTIC PRICE REDUCTION-INVESTORS & LOFT LOVERS! An exceptional opportunity to own a distinctive Kensington Market hard loft priced well below market value. This approx. 1,200 sq. ft. two-storey residence features soaring 20-foot ceilings, south-facing floor-to-ceiling windows, a renovated designer kitchen, spacious mezzanine bedroom and private 150 sq. ft. balcony. Steps from cafés, restaurants, shops and transit. Featured in The New York Times on October 2nd Edition. Pls see attached document (id:66096)

Property Details

MLS®: C13859916
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,100 ft²
Style: Loft
Basement: None
Heating: Forced air, Electric
Cooling: Central air conditioning
Garage: Underground, No Garage
Condo Fee: $1,224/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,634.56/yr
Listed: 31 days ago

Rooms

Main level

Foyer: 3.28 x 2.44 meters
Living room: 5.1 x 4.51 meters
Dining room: 5.1 x 3.17 meters
Kitchen: 3 x 4.79 meters
Bathroom: 1.18 x 2.12 meters

Upper Level

Primary Bedroom: 5.11 x 4.79 meters
Bathroom: 3.19 x 1.67 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

31d

Toronto (Kensington-Chinatown) listings, avg age

81d

Price / ft²

$773

List price

$850K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (M5T)

This home lists at $849,999, about 13.8× the local median household income of $61,600.

Carrying it typically needs a household income of about $166,035 (20% down, 25-yr amortization, stress-tested) — roughly 170% above the area median.

Median household income: $61,600
Population: 17,903
Median age: 36
Owner / renter: 32% / 68%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M5T)

$849,999· $773/ft²

For sale

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Full Cost Breakdown

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Down Payment7.06% · $59,999.90

Min 7.06%50%

Mortgage payment$4,380/mo

↳ CMHC premium ($31,600 capitalized)

Property tax (est.)$386/mo

Condo fee$1,224/mo

Total monthly$5,990

Cash Needed to Close

Down payment (7.06%)$60,000

Land transfer tax$26,950

Est. closing costs$5,050

Total cash needed$92,000

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#420 160 Baldwin St Street, Toronto (Kensington-Chinatown) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M5T)

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