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New2 hours ago

805 - 50 McCaul Street

Kensington-Chinatown, Toronto

$708,000

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

Tridel - "FORM - The Residence" High Floor Furnished 2 Bedrooms, Corner Unit With Clear Parkview. Floor To Ceiling Window Pane, Bright & Spacious Practical Layout. Nestled In Quiet From Busy, Heart Of Queen & University, Subway. Steps To Business, Entertainment District, China Town, Hospitals, OCAD, Toronto Metropolitan University & U Of T, All Amenities & Eatery. State-Of-The-Art Amenities: Gym, Roof Top Terrace And Outdoor Lounge With BBQ Pits And More! Furnished With All Necessities. Just Pack & Move-In. Ideal For Medical Rotation Professionals, University Students, Or Turn-Key Rental Investment. Rare & Most Sought With ***One Parking & One Locker For Extra Storage***.

Extras

No extras listed.

TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$745
LockerOwned
BalconyJuliette
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,691
mls© NumberC13631550
Listed ByHOMELIFE FRONTIER REALTY INC.
CAC Included
Common Elements Included
Parking 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%
$3,624
Property tax
$308
Heat allowance
$150
Condo fees, half counted
$373
Housing costs
$4,454 / mo

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

Down payment20% · $141,600
25-yr amortization

Income needed

$137,000

gross annual household income

Payment at 4%
$2,979 / mo
Cash down
$141,600

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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