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New5 days ago

1607 - 2782 Barton Street E

Riverdale, Hamilton

$350,000

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

Discover contemporary condo living in this brand-new2-bedroom suite at LJM Tower. Offers around 741 sq. ft. ofthoughtfully designed interior space, complemented by a 232 sq. ft. private balcony. The layout is functional andfeatures a stylish kitchen equipped with stainless steel appliances. Modern vinyl flooring throughout, In-suitelaundry, and Smart Security System for added convenience. 1 Underground Parking Space and 1Spacious Lockerincluded. Residents enjoy access to premium building amenities including a fully equipped fitness center, partyroom, EV charging stations, and concierge service. Ideally situated just minutes from Lake Ontario, QEW, Red HillValley Parkway, Confederation GO Station, and a wide range of shopping, dining, schools, and parks. An excellentopportunity of home ownership for First Time Homebuyers and cash flow for Investors.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNew
Size700-799 sq. ft.
Maintenance Fees$463
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax---
mls© NumberX13677566
Listed ByEXP REALTY
Common Elements Included
Parking Included
Building Insurance 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 estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,791
Property tax (estimated)
$0
Heat allowance
$150
Condo fees, half counted
$231
Housing costs
$2,173 / mo

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

Down payment20% · $70,000
25-yr amortization

Income needed

$67,000

gross annual household income

Payment at 4%
$1,473 / mo
Cash down
$70,000

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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