$569,000

For sale

Book a showing

#803 426 University Avenue, Toronto (Kensington-Chinatown) - Single Family for Sale

#803 426 University Avenue, Toronto (Kensington-Chinatown), Ontario, M5G1S9

2 beds1 bath0 parking ft²

#1001 297 College Street, Toronto (Kensington-Chinatown), Ontario, M5T1S2

3 bd2 ba1 pk850 ft²+$890/mo

Listed by RE/MAX EXCEL REALTY LTD.

#606 210 Simcoe Street, Toronto (Kensington-Chinatown), Ontario, M5T0A9

For saleJust listed

Yesterday

$615K

#606 210 Simcoe Street, Toronto (Kensington-Chinatown), Ontario, M5T0A9

2 bd1 ba1 pk750 ft²+$674/mo

Listed by PROPERTY.CA INC.

#107 115 Denison Avenue, Toronto (Kensington-Chinatown), Ontario, M5T2N1

For saleJust listed

Yesterday

$1.39M

#107 115 Denison Avenue, Toronto (Kensington-Chinatown), Ontario, M5T2N1

2 bd3 ba1 pk1,300 ft²+$1430/mo

Listed by ROYAL LEPAGE SIGNATURE CONNECT.CA REALTY

#502 99 Cameron Street, Toronto (Kensington-Chinatown), Ontario, M5T3A2

For saleJust listed

3 days ago

$599K

#502 99 Cameron Street, Toronto (Kensington-Chinatown), Ontario, M5T3A2

6 bd2 ba1 pk1,300 ft²+$1142/mo

Listed by REAL BROKER ONTARIO LTD.

Investment analysis

Rental cashflow calculator

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (/ yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

Enter an estimated monthly rent to see the cashflow.

Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.

$569,000

Toronto

Book a showing

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Listed at $569,000, it is attractively priced about 16% below the $675,000 median asking price in Toronto. It has been on the market 57 days, fresher than the Toronto average of 81 days.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Very bright and spacious 2-bedroom unit offering 763 sqft of well-designed living space with soaring 9-foot ceilings, a huge two-sided balcony, and stunning south-west facing views of the city. Both bedrooms feature windows for excellent natural light. Ideally located with St. Patrick subway right outside the building, walking distance to the University of Toronto and TMU, close to five major hospitals, and situated in the heart of the financial and entertainment districts. Residents enjoy 24-hour concierge service, a fully equipped fitness room, and convenient car-share facilities. (id:66096)

Property Details

MLS®: C13764044
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $717/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $3,897.94/yr
Listed: 57 days ago

Market Timing

Days on market

57d

Toronto (Kensington-Chinatown) listings, avg age

81d

Price / ft²

$759

List price

$569K

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 (M5G)

This home lists at $569,000, about 8.4× the local median household income of $67,500.

Carrying it typically needs a household income of about $111,146 (20% down, 25-yr amortization, stress-tested) — roughly 65% above the area median.

Median household income: $67,500
Population: 9,751
Median age: 30.8
Owner / renter: 30% / 70%
Avg. household size: 1.7

Source: Statistics Canada, 2021 Census (FSA M5G)

$569,000· $759/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5.61% · $31,900.00

Min 5.61%50%

Mortgage payment$2,978/mo

↳ CMHC premium ($21,484 capitalized)

Property tax (est.)$325/mo

Condo fee$717/mo

Total monthly$4,020

Cash Needed to Close

Down payment (5.61%)$31,900

Land transfer tax$15,710

Est. closing costs$4,207

Total cash needed$51,817

Get Pre-Approved · Free & Fast

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

#803 426 University Avenue, Toronto (Kensington-Chinatown) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M5G)

Book a showing

Full Cost Breakdown