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1 / 0
New1 hour ago

717 - 7 Smith Crescent

Stonegate-Queensway, Toronto

$519,999

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

European-inspired 1+1 with parking and bike rack space in a prime Queensway location. This upgraded suite offers one of the building's most functional layouts, with the den currently styled as a cozy living/lounge area for a more separated and home-like feel. Features include10 ft exposed concrete ceilings, limewash walls throughout, Venetian plaster finishes, custom wood slat feature wall, upgraded barn doors, built-in breakfast bench with storage, and an upgraded full kitchen countertop. A rare blend of character, warmth, and functionality just minutes to Humber Bay Shores, Mimico, the waterfront, shops, restaurants, transit, Gardiner/QEW, Hwy 427, and downtown Toronto. Building backs onto newly updated Queensway Park with skating rink and baseball diamonds. Amenities include gym, rooftop terrace with BBQ areas, lounge, games/hobby room, kids playroom, and community garden plots. Select furnishings negotiable.

Extras

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size600-699 sq. ft.
Maintenance Fees$558
LockerNone
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,092
mls© NumberW13691078
Listed ByNORTH 2 SOUTH REALTY
Building Insurance Included
Parking Included
Common Elements 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%
$2,662
Property tax
$258
Heat allowance
$150
Condo fees, half counted
$279
Housing costs
$3,348 / mo

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

Down payment20% · $104,000
25-yr amortization

Income needed

$103,000

gross annual household income

Payment at 4%
$2,188 / mo
Cash down
$104,000

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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