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Listed 2 months ago

305 - 237 King Street W

, Cambridge

$299,999

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

Welcome to Unit 305 at 237 King Street West in Cambridge! This well-maintained suite offers 1 bedroom, 2 full bathrooms, in-suite laundry, a storage locker, and one underground parking space. Freshly painted with brand new flooring throughout, the unit also features updated sinks and toilets, along with a modern upgraded shower. The sun-soaked den is perfect as a guest room, home office, or a cozy spot to enjoy your morning coffee. The open-concept living and dining area provides a bright and comfortable space for everyday living and entertaining. Enjoy resort-style living with exceptional amenities including a heated indoor pool, sauna, fitness centre, games and party room with billiards, workshop, and sewing room. Ideally located near Riverside Park and the scenic trails along the Grand River, with easy access to shopping, dining, major employers including Toyota, and quick connections to Highways 401 and 7/8. Comfort, convenience, and lifestyle all come together here - don't miss your opportunity to call this home!

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age31-50
Size700-799 sq. ft.
Maintenance Fees$667
LockerExclusive
BalconyNone
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,299
mls© NumberX13504414
Listed ByCENTURY 21 HERITAGE HOUSE LTD
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%
$1,536
Property tax
$192
Heat allowance
$150
Condo fees, half counted
$334
Housing costs
$2,211 / mo

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

Down payment20% · $60,000
25-yr amortization

Income needed

$68,000

gross annual household income

Payment at 4%
$1,262 / mo
Cash down
$60,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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