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New3 hours ago

321 - 1787 St Clair Avenue W

Weston-Pellam Park, Toronto

$515,000

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

Attention first time home buyers! Want a condo that actually checks all your boxes? Two bedrooms, check! Large balcony, check! Well designed floor plan, check! Parking and locker, and at a price you can actually afford? Check, check, check! Welcome to suite 321 at the SCOUT Condos by reputable Graywood Development! This spacious, nearly 700 sq.ft. 2-bedroom, 1-bathroom condo is the perfect opportunity to get into the market in the heart of the vibrant St. Clair West neighbourhood! The sleek, open concept kitchen features stainless steel appliances and quartz counters, while the bright primary bedroom offers floor-to-ceiling windows and tons of natural light. The second bedroom is perfect for guests, a home office, or a nursery or child's room for your growing family! Top notch building amenities include a gym, party room, rooftop terrace, and concierge services. Step outside and you're just minutes from The Stockyards, great dining, parks, TTC, and easy access to downtown. With a future GO Station just steps away and even more transit improvements coming to the area, this neighbourhood is only getting better connected! Two bedrooms. Parking. Locker. Nearly 700 sq.ft. All at a price that makes getting into the Toronto real estate market actually possible. This could be the one you've been waiting for. Welcome Home!

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size600-699 sq. ft.
Maintenance Fees$694
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,854
mls© NumberW13726526
Listed ByREMAX CONNECT REALTY
Building Insurance Included
Parking Included
CAC Included
Common Elements Included
Heat Included
Water 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%
$2,636
Property tax
$238
Heat allowance
$150
Condo fees, half counted
$347
Housing costs
$3,371 / mo

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

Down payment20% · $103,000
25-yr amortization

Income needed

$104,000

gross annual household income

Payment at 4%
$2,167 / mo
Cash down
$103,000

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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