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New2 hours ago

1005 - 38 Grenville Street

Bay Street Corridor, Toronto

$365,000

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

FIJI MODEL - 425 SQ FT WIDE-CONCEPT STUDIO + OWNED LOCKER! This is a true livable space with a FULL balcony. Steps to TMU, UofT, Hospitals & the subway. BEST VALUE in the Bay St Corridor! Open-concept Kitchen, floor-to-ceiling windows, large balcony, private ensuite laundry and 24-hour Concierge. AAA tenant would like to stay on OR vacant possession can be arranged.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size0-499 sq. ft.
Maintenance Fees$385
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces0
Parking FeaturesUnderground
Property Tax$2,425
mls© NumberC13706410
Listed ByRIGHT AT HOME REALTY
CAC Included
Common Elements Included
Heat Included
Building Insurance Included
Water 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%
$1,868
Property tax
$202
Heat allowance
$150
Condo fees, half counted
$192
Housing costs
$2,413 / mo

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

Down payment20% · $73,000
25-yr amortization

Income needed

$74,000

gross annual household income

Payment at 4%
$1,536 / mo
Cash down
$73,000

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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