172 Huron Street
Kensington-Chinatown, Toronto
$2,150,000
Prime downtown location, close to U of T campus, Chinatown, Kensington market, public library, TTC & 2 parkettes. Potential land assembly for intensified re-development. Presently consists of 2 self-contained units with potential to create a basement unit. Great opportunity for renovator, developer or long-term investor. Property to be sold on an "as it, where is" basis. Buyer & Buyer's brokerage shall perform their due diligence. Vacant possession on closing. Lot dimensions per GeoWarehouse report (no survey). Above grade finished area is based on exterior measurement in MPAC assessment notice. Adjoining 170 Huron St is also for sale.
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| Type | Semi-Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $6,645 |
| Lot Size | 19 ft x 145 ft |
| mls© Number | C12686598 |
| Listed By | TANCO CORPORATION |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $11,005
- Property tax
- $554
- Heat allowance
- $150
- Housing costs
- $11,708 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$360,000
gross annual household income
- Payment at 4%
- $9,048 / mo
- Cash down
- $430,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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