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Listed 2 months ago

6 - 48 Granby Street

Church-Yonge Corridor, Toronto

$1,299,000

Condo Townhouse |
3 | 3 | 3 | 0
About this home

Rare offering in the McGill-Granby Village. This 2200 square foot multi-level townhouse is part of the Lexington Condominium Complex and offers a very unique space on a quiet street steps to the Yonge Street stores and Church - Wellesley Village. It has generously proportioned rooms, and an interior glass atrium with a sheltered garden space, three good sized bedrooms and two full baths. There is a cathedral ceiling in the dining room and the living room overlooks both the dining room and the street. This is a very bright south-facing residence. Being part of the Lexington Condominium, the townhouse owners have full access to all of the amenities including a pool, gym, sauna, business room, running track, billiard room, squash court and much more. Monthly Maintenance fees include all utilities. Bring your design ideas as this unit will require updating throughout but has been priced to reflect this. Downtown living with a private garage and two car drive for under $600 per square foot. Builder floorplans are attached and the status certificate is available.

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agent
Angela Montano
(647) 283-2643
TypeCondo Townhouse
StyleMulti-Level
Approx. Age31-50
Size2000-2249 sq. ft.
Maintenance Fees$1,572
LockerNone
BalconyNone
ExposureSouth
Parking TypeBuilt-In
Parking Spaces3
Parking FeaturesMutual
Property Tax$4,305
mls© NumberC13464240
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.
Heat Included
Common Elements Included
Hydro Included
Building Insurance Included
Water Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,649
Property tax
$359
Heat allowance
$150
Condo fees, half counted
$786
Housing costs
$7,944 / mo

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

Down payment20% · $259,800
25-yr amortization

Income needed

$244,000

gross annual household income

Payment at 4%
$5,466 / mo
Cash down
$259,800

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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