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Price Change$415,000

1207 - 170 Water Street N

, Cambridge

$399,900

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

Not your typical condo layout, this expansive, bright and airy penthouse condo feels so spacious with its wide open layout, 10 ft ceilings andfantastic city view of historic Galt from its many windows. Plenty of space to spread out in this one bedroom plus den with lots of extra storagespace in the laundry room and two extra closets. Comes with a parking spot and storage locker. The building boasts a guest room, party room,shared barbecue, rooftop patio, top floor gym with views, a secondary terraced outdoor space and common area lounge where you can enjoy thebeautiful grand river views. Water, heat and AC are included in the condo fees.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size700-799 sq. ft.
Maintenance Fees$750
LockerExclusive
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,607
mls© NumberX13411206
Listed ByROYAL LEPAGE REALTY PLUS OAKVILLE
Heat Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

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

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$2,047
Property tax
$301
Heat allowance
$150
Condo fees, half counted
$375
Housing costs
$2,872 / mo

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

Down payment20% · $79,980
25-yr amortization

Income needed

$88,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$79,980

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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