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New2 hours ago

406 - 188 Spadina Avenue

Kensington-Chinatown, Toronto

$599,000

Condo Apartment |
2 | 2 | 1 | 0
About this home

Rare Downtown Opportunity Under $454/Sq. Ft.! Spacious 2-bedroom, 2-bathroom boutique condo offering an impressive 1,318 sq. ft. layout in the heart of Kensington Market/Chinatown. Bright and functional floor plan featuring a large living area overlooking a quiet private patio, generous primary bedroom with double closets, in-suite laundry/storage, and one underground parking space. Enjoy unbeatable convenience with shops, restaurants, transit, universities, hospitals, and downtown amenities just steps away. Building amenities include concierge, rooftop deck, gym, indoor pool, sauna, and outdoor patio. A rare opportunity for buyers seeking space, location, and value in downtown Toronto. Perfect for end users, renovators, or investors looking to add their personal touch. Sold "As Is."

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$1,253
LockerNone
BalconyNone
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,737
mls© NumberC13650008
Listed ByRE/MAX EXCEL REALTY LTD.
Heat Included
Common Elements Included
CAC Included
Water Included
Parking Included
Building Insurance 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%
$3,066
Property tax
$228
Heat allowance
$150
Condo fees, half counted
$626
Housing costs
$4,071 / mo

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

Down payment20% · $119,800
25-yr amortization

Income needed

$125,000

gross annual household income

Payment at 4%
$2,521 / mo
Cash down
$119,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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