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519 - 308 Palmerston Avenue

Trinity-Bellwoods, Toronto

$479,000

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

In the heart of little Italy. Bright new spacious bachelor 450 square feet, juliette balcony and full kitchenette, hardwood floors, ensuite laundry 4 piece bathroom with soaker. Condo exercise room great pied-à-terre in Toronto for those that live up north in cottage land or out of town steps to college street, TTC, UofT and shops.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size0-499 sq. ft.
Maintenance Fees$514
LockerNone
BalconyJuliette
ExposureSouth East
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$1,991
mls© NumberC12720318
Listed BySUTTON GROUP-ASSOCIATES REALTY INC.
Common Elements Included
Building Insurance 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%
$2,452
Property tax
$166
Heat allowance
$150
Condo fees, half counted
$257
Housing costs
$3,025 / mo

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

Down payment20% · $95,800
25-yr amortization

Income needed

$93,000

gross annual household income

Payment at 4%
$2,016 / mo
Cash down
$95,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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